Gold set for continuation to the upside

١٩ أكتوبر ٢٠١٧

Gold created a H4 bullish convergence suggesting that further moves up are to be expected. We have now gotten a healthy correction towards the 61.8% fibonacci retracement, created divergence on the h4 chart, which was confirmed on the h1 chart with divergence again and it broke above the most recent high (h1).
As long as the last swing low on the H1 chart is holding i'm after buys.
Short term target - psychological 1300
Longer term - 1360