Long GC: Support Held with Candlestick reversal (weekly)

Gold held support and if you into the weekly candlestick, you can see strong reversal. It is my belief that the next couple of weeks will see Gold (and silver) burst up strongly. Note that this is a reversal of my previous idea that Gold will continue to fall. Given that we are still in an ascending triangle, it is not hard to project Gold still in a bullish stance.

Trade geschlossen: Stop wurde erreicht:

I was wrong on this.