rjpview

gold idea...

Long
rjpview Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
gold still in the trendline of up trend....broken the cup and handle of monthly chart..now retest position...next week it may continue its uptrend wait for confirmation...
Comment:
or trying to form inverse head and shoulder in weekly time frame....whatever only look for buy...in long time invest...
Trade active:
probably the inverse h&s working...but it seems now bearish flag pattern formed..so we can close it if you are short term....if you are long time trader..you can hold upto previous resistance 2000+ there after we can expect huge drop ....
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