GOLD seems to be a good Up Trend I expect it will touch 1300.00 soon if it breaks the strongest RESISTANCE level which is shown in a green slim long rectangle. #TRADEATYOUROWNRISK
I think this is a very good breakout pullback setup for SHORT
As we see prices across all exchanges higher than that of the November 2015 pump, it's likely we have just entered "Hope" phase in the emotional crash cycle. There's a large gap to fill up to the $680 zone. Volatility to be expected, and the perma-bears will be slain.
Here's a fun one. With Bitcoin making a strong move up from the $370's into the $438 area yesterday, it looks like we're gearing up for a big move up to retest $489 and eventually $600. If the bullish structure of $BTC remains intact, we could see this move take us from "Disbelief" to "Hope" phase sometime in April-May 2016. Keep in mind that halving is slated...
There is a relative oportunity on buy this paper. We need to wait a little more to have sure about the new high movement. Do you feel the same??