Oro / DollaroLong
Gold Analysis
For swing traders ,
Next few weeks , based on my chart, if price breaks past 1835 , we are heading higher up till 1860 -1880 range , retracement back to 1850 area possible , look out for a breakout of this huge pennant. Hopefully this works , $50 moves in hand.
Strong bullish divergence to support this as well both on RSI and MACD.
Next few weeks , based on my chart, if price breaks past 1835 , we are heading higher up till 1860 -1880 range , retracement back to 1850 area possible , look out for a breakout of this huge pennant. Hopefully this works , $50 moves in hand.
Strong bullish divergence to support this as well both on RSI and MACD.
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