Gold Update - Playing Bullish PAs

١٣ أبريل ٢٠١٦

In addition to Weekly SMA100 resistance (1257s), we note Daily H&S pattern forming. We are waiting for a break of neckline (see chart) to activate shorts with target bottom of the rotational box. In the meantime we are buying the support for bullish pips.

Points of Interest: MA20 on Daily 1238s.