PERFECT TREND YESTERDAY TARGET REACH PROPER HIGHER HIGH The Perfect Trend Line indicator act as a trend following indicator. It is simply made of 2 lines from highest high and lowest low of 2 different periods, one short and a longer one. If the price breaches the longest line, it is a sign a of potential trend reversal, while if price is in the cloud made of...
a retracemanet is required for gold to move futher up. trump words effect more thany anything else to gold
Perfect trend, perfect fib and, the most important, perfect fundamentals. It will be a perfect trade if we can hold it from now on. Period.
There is still a chance that it is a triangle 4th wave is completed and the price of gold to go down into wave 5. I rather expect gold to make a correction of about 1300 to complete wave B and went up to C. I'm still waiting to see what will happen today.