Gold is on the rise

24 мая 2017 г.

Hey!

I just quickly want to recap what might be happening on GLD now!

• It is forming a very often seen breakout formation.
  
• While I'm speaking it's already moving higher.
  
• I believe that if the white box is left, it's a good place to buy.
  

The two red lines are support 'areas' that I use to predict possible changes in the price.

If price does break out, I can easily see it going to the previous high - 1263 - with a stop at 1257.

24 мая 2017 г.

Заметка

We are getting closer to the upside of the white box. Watch out.

24 мая 2017 г.

Заметка

AND THE BREAKOUT HAPPENED! Let's see if we reach the targets.

24 мая 2017 г.

Заметка

1256-1257 is the first target before 1263

24 мая 2017 г.

Заметка

Once again, the prediction was correct. First target was hit.

24 мая 2017 г.

Заметка

Now we're track on to hit the second target.