2lalit

AN ATTEMPT TO BREAK $1375 SCENARIO (PART #2)

TVC:GOLD   CFDs on Gold (US$ / OZ)
THE BIG MOVE IS LIKELY COMING
Price movements in the last few weeks illustrate that the price movement is very close to Scenario #2, where as of the End of May 2019, $1260 can withstand a bear attack even though $1280 failed to be March 2019 Low, so by looking at the Outline Of This Historical Chart, according to my technical view, "AN ATTEMPT TO BREAK THE LEVEL OF $1375 IN 2019" are still Valid.

From The Outline Of This Historical Chart too, at least in the next few weeks, prices should be able to move above $1298 December 2018 High, like the pattern of price movements in early 2016 and 2017 (see the legend in the chart).

EID MUBARAK

--ooOoo-- From The Desk Of NewBie --ooOoo--
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.