Gold FuturesLong
A good LOng opportunity ON GOLD
SHORT TERM LONG OPPORTUNITY ON GOLD
REASONS-
1)PRICE TAKING SUPPORT ON SUPPORT ZONE
2)A MORNING STAR PATTERN FORMATION ON DAILY CHART AT SUPPORT
3)50% fiboniacci retracement
4)break and retest of previous swing high on 1 hour chart
5)break of small trendline
6)small head and shoulder formation on hourly chart
REASONS-
1)PRICE TAKING SUPPORT ON SUPPORT ZONE
2)A MORNING STAR PATTERN FORMATION ON DAILY CHART AT SUPPORT
3)50% fiboniacci retracement
4)break and retest of previous swing high on 1 hour chart
5)break of small trendline
6)small head and shoulder formation on hourly chart
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