A thin red line.... to be crossed ....if
On a weekly logarithmic chart gold has to break a thin red line for becoming bullish and then hit the upper trendline to keep on defining the bullish wedge in orange color.
If.... IF.... and if then gold could have the possibility of making a double bottom at late summertime 2015 at the 2.0 fib line by back testing the red line and lower orange wedge trendline.
Time will tell...as always!
Safe trading ladies and gents!
@BLawrenceM
Music at work:
www.youtube.com/watch?v=c6oWoDev...
open.spotify.com/tra...0tbGVmAaV3dcKU3CxVbW
If.... IF.... and if then gold could have the possibility of making a double bottom at late summertime 2015 at the 2.0 fib line by back testing the red line and lower orange wedge trendline.
Time will tell...as always!
Safe trading ladies and gents!
@BLawrenceM
Music at work:
www.youtube.com/watch?v=c6oWoDev...
open.spotify.com/tra...0tbGVmAaV3dcKU3CxVbW
