Mitakayo

Gold 5:55 AM

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
Example in the 4 hour time frame suggest a bearish trendline and a support for a bullish flip at the price level of 1759.16. A healthy uptrend after three previous retests at the same price level. If there is a pullback in the next good hour or so (giving a little cushion time granted) I am betting my money on a bullish candlestick pattern. I will have my stop loss placed 1 ATR below the resistance point. May let the winner run until price level hits a high of 1919.16 per gold troy ounce.

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