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informalStar16695

I believe that Gold is gonna blow off then jump down.

Long
CFDs on Gold (US$ / OZ) (TVC:GOLD)  
informalStar16695  
TVC:GOLD   CFDs on Gold (US$ / OZ)
Trend Analysis Wave Analysis Chart Patterns Gold SLB SPCE AAPL Tesla Motors (TSLA) GBPUSD EURUSD SPX (S&P 500 Index) djia
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This is an early development but, I believe that since GOLD is in a downward trend in the short term, a breakout will occur but then once it reaches to 1950s, then I expect a drop-down or a continued up. Just a theory. The RSI is in the normal territory, which does not signal it is a blow-off or a blowdown but check the coming days and then see if an up is made or a down is amde. Warning! I am not a financial adviser and take this with a grain of salt. Happy trading!
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