Comparic

GOLD D1 - break out of long term trend line

TVC:GOLD   CFDs on Gold (US$ / OZ)
44 views
2
44 0
Gold just broke out of an 11-month long trendline . Right now Gold is testing the important $1,300 level. If the current level is not broken, then Gold would create a double top pattern which would push it lower, back down towards the recently broken trend line .

Momentum right now is bullish on the yellow metal, but as I stated above, it could find resistance at the current levels.

The $1,300 level is crucial at present time, but if Gold finds the strength it needs to break it this week, then a very strong bullish run could be expected.
Sprawdź największy polski portal traderski - http://comparic.pl i dołącz do najbliższej edycji konferencji FxCuffs 2018 już w marcu! http://expo.fxcuffs.pl. Do zobaczenia w Krakowie!
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out