chartwatchers

GOLD - Pennant

Long
chartwatchers Aggiornato   
FX:XAUUSD   Oro / Dollaro
91
Looks like gold is forming a pennant after the FOMC's bounce.
We needed to have one consolidation day before moving higher.
I think today we will get the next leg up..

MACD seems to be crossing over above 0 level, TSI also crossing up at 0 level.
RSI couldn't even get oversold...

Gold looks strong to me this was all the correction we got.

LONG follow through idea
Holding the long position with our perfect entry.
Commento:
Breakout.
Commento:
Updated the stealth tiger PI. Read it it's important. We are possibly in scenario 3. :)
Commento:
We will hit 1248 today. Dont try to short. There will be a higher high on the daily chart.
Commento:
1247.50.

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