Gold in recent weeks has been given the safe haven treatment and this has caused at the moment a slight retracement into the overall downtrend.
Could Gold begin to turn on this idea and head for the 1300-1400 region? Keep on eye for a close above the current trendline which it is currently trying to break. I would add to my longs to the upper trendline and then assess what happens when this scenario approaches.
For more information, I'm currently developing my site, so sign up for when I release it which will contain a ton of great features for all you traders: www.ejfxtrading.com
Could Gold begin to turn on this idea and head for the 1300-1400 region? Keep on eye for a close above the current trendline which it is currently trying to break. I would add to my longs to the upper trendline and then assess what happens when this scenario approaches.
For more information, I'm currently developing my site, so sign up for when I release it which will contain a ton of great features for all you traders: www.ejfxtrading.com