GOLD 29/4/2017 and for the next few months
Updated
If the price don't break up 1275.5, it will move down 1249-1241 area
Now it moves sideways
However, the bat pattern is appeared at the trendline support.
The price may be moved up
On an uptrend chart ,pro gap is appeared .This is a price reversal signal
I look at EURUSD, USDJPY pairs, the dollar is getting stronger
So I think the gold trend from rising to falling in next few months
if there are not a few trump's rockets
Now it moves sideways
However, the bat pattern is appeared at the trendline support.
The price may be moved up
On an uptrend chart ,pro gap is appeared .This is a price reversal signal
I look at EURUSD, USDJPY pairs, the dollar is getting stronger
So I think the gold trend from rising to falling in next few months
if there are not a few trump's rockets
Note
Note
We try to determine the target by price channelNote
Note
Opening the buying position around 1267.8
Note
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