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CoinedByCrypto
11 dec 2014 04:38

A thin red line.... to be crossed ....if 

Gold/U.S. DollarFXCM

Beskrivning

On a weekly logarithmic chart gold has to break a thin red line for becoming bullish and then hit the upper trendline to keep on defining the bullish wedge in orange color.

If.... IF.... and if then gold could have the possibility of making a double bottom at late summertime 2015 at the 2.0 fib line by back testing the red line and lower orange wedge trendline.

Time will tell...as always!

Safe trading ladies and gents!

@BLawrenceM

Music at work:
youtube.com/watch?v=c6oWoDev7EI
open.spotify.com/track/2u0tbGVmAaV3dcKU3CxVbW

tradingview.com/v/myjT61tH/
Kommentarer
Stockman
Stop using log scale....resistance was already touched, hope you don't trade with real money
Mer