Gold; Bullish Run Not Over Yet

After the Bullish Cypher halted the downtrend as previously anticipated, Gold has reached a critical zone. Since Silver has taken out its August high, it is very likely that Gold will also follow.

If the descending resistance line is broken, I will turn bullish for a run towards the 1197 area.

Good luck,

Ali Sharif Azadeh, CFTe

Commento:

Gold is approaching the sell zone. Beware