TVC:GOLD   CFDs on Gold (US$ / OZ)
GOLD on watch for a possible move lower. With the DXY trying to breakout, Gold is starting to drop. Lower high on the Daily an weekly charts breaking channel an sitting on support. Lower low on the weekly RSI an crossed the zero line down. Looking for it to BREAk DOWN an make a lower low. Posible pullback on lower times frames making lower high. looking for a weekly close under previous higher low, But if support holds it could turn into a double bottom an will be looking for a close above previous lower high to play to the upside. Not financial advice.
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