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VladimirRibakov

Gold Short Term Forecast

Long
Gold (CURRENCYCOM:GOLD)  
VladimirRibakov  
CURRENCYCOM:GOLD   Gold
Trend Analysis Trend Lines Multiple Time Frame Analysis Gold forecast buy Bullish Patterns Trend Line Break higherhighs bullishtrendpattern support
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trendanalysis trendline mtfa gold forecast buy bullish trendlinebreak higherhighs bullishtrendpattern support
H4 - Price has broken above the downtrend line and has also created higher highs.

There are no signs that show the trend is over.

H1 - Price has created a bullish trend pattern.

We have a key support zone that has formed by the 38.2% (1724.29) - 50% (1718.13) fibonacci retracement zones of this bullish trend pattern.

Until this key support zone holds my view remains bullish here and I expect further continuation higher.
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