I've just noticed a reoccuring uprise for Gold.
Currently crawling up but can roll its way down before hopefully jumping up to its new high at 1350+! It has now broken the counter trendline so I believe it may go a bit down then start showing signs of bulls making a quick comeback.
I've already posted an Idea for Gold anticipating the bullish run to continue which further supports my idea since that's the direction we are looking to go.
Currently crawling up but can roll its way down before hopefully jumping up to its new high at 1350+! It has now broken the counter trendline so I believe it may go a bit down then start showing signs of bulls making a quick comeback.
I've already posted an Idea for Gold anticipating the bullish run to continue which further supports my idea since that's the direction we are looking to go.
Trade active:
It's hit the green Fib level which may be it's pivot point. Let's see how it plays out!
Trade active:
Bullish Engulfing formed on the 15M timeframe. Pivot point confirmed. I've now entered the trade
Comment:
Another Bullish Engulfing in the 30M timeframe. Time to watch it go up.