smcjg
Long

GOLD Monthly Chart - Bullish Scenario.

TVC:GOLD   CFDs on Gold (US$ / OZ)
Overhead resistance could be very difficult to break. The technical significance of the 1350 to 1390 resistance zone cannot be over- stated. Nevertheless I believe Gold             is bullish in the long run. After 60 months consolidating the previuos bullish trend , it is likely that the price will rip through resistance to commence a new bull trend.

Good luck fellow traders
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