Saturday, June 21, 2014

Gold Bull Run Begins.........

Long time. Not posted anything.
Finally noticed something worthwhile to post.

Looks like it's beginning of another Gold Bull run.

Whats interesting in this chart is the false break of price past Bull 38.2 FIB level and reversal.
From March 14 till May 14 price was trading within narrow range.
Then it had broken the range, created false break before reversing out.
This week's Bullish candle confirmed the reversal.
Such signals have been very very powerful.
And now price is likely to reach 1560 level.

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