gatsby01

The last stop for gold?

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
The idea behind this analysis is that price is on its way to finish the climb towards the upper bond of the descending channel. For now, price needs to find momentum to finish the takeoff. Worth cosidering is latest price $1800 or $1756. The RSI indicator is in favor with this idea and could indicate possible turnover on its 50 value.
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