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
If the descending resistance line is broken, I will turn bullish for a run towards the 1197 area.
Good luck,
Ali Sharif Azadeh, CFTe
Commentaire:
Gold is approaching the sell zone. Beware
