GOLD, good pattern for long.
From the LONG TERM aspect, gold is building a "round bottom", and now it's struggling between 1107 and 1117. Breaking through this zone, I guess it will head up strongly to 1147 and even 1170, which are intensive trading levels and strong resistances. However, it's up to the completion of the round bottom and may take several days or weeks.
So, let's wait and see.
From the LONG TERM aspect, gold is building a "round bottom", and now it's struggling between 1107 and 1117. Breaking through this zone, I guess it will head up strongly to 1147 and even 1170, which are intensive trading levels and strong resistances. However, it's up to the completion of the round bottom and may take several days or weeks.
So, let's wait and see.
