Time for Gold to start climb higher again?Tfex GO contract has broken out of the Accumulation phase and waiting for break through of the 1820 resistance and clearly continue in the 'money making' phase. A certain trigger will most definitely be if $Gold Spot price clears Thursday's high wave candle, to the north.
So if next week will continue with its sideways movement, I will then be looking for bullish reversal pattern around 1803-04, in a smaller time frame. Otherwise I will look for a continuation pattern above the latest high volume bearish session