positivepips

GOLD ( Long Term )

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
We may get a big short on gold next week back to the 1240-1230 area. If it happens, I expect it to pull back into the 60-70's so the weekly candle will have a nice wick. Leaving us with another Monthly candle like March.

Here's my long term idea. Imagine the red arrow to fractal & be a mirror for the green arrow. When we break the green line, we may get moves similar to the ones in the orange box.

Thanks for checking my chart out!
-PP

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