GOLD CHART DAY TRADING MONTREAL DAYTRADING

Look like gold are in a very small consolidation and few others are coming soon...(we are between MA50 and MA200) I'm looking for "Long direction" because : -price never close under 1695.00 past 2 weeks. -We have 3 double Bottom, all in one place.(Black trend Line) I hope we will finish by closing above MA50 this week or next one, so we can use it as a Support to go Higher...to the double Top around 1752.00. One more thing, If Monday I don't see any small signal or clear confirmation to go Long.....I will pass for this Call.    

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This week, I'm looking only for Long Targets. 1^st I would like to see sellers fail one more time Monday . 2^nd waiting for my confirmation Long Call  1.A:Market Try to pass 1432.00 3-4 time, Fail every time. If you notice, is was hard not only cause of double top (1432.00 double top) but also the MA50 was strong a  resistance.  1.B: Now, MA50 are the resistance, and will help market to pass 1432.00. This week, we pass once 1432.00 and next day go even with more commitment. And we even try to close above my "Dark Trend Line".  2.A: 3 resistances all in same place: 1-MA 50 2-Black line : Double Bottom 3-Green Bottom trend line   [...]

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