Gold - Up to 1240 and short

11 de mar. de 2017

Looking for a bounce off today's support at 1200 up to the downward channel resistance at 1240 before continuing the long term bearish trend at least down to December support at 1120, but possibly below 1100. The move up to resistance at 1240 before continuing down would also form a head & shoulders pattern within the downward channel .