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
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