Domistock Tools Used:
Assets charted: Gold (XAU=)
An amazing chart from DomiStock’s HighLow Trading System Template and a Secondary Up signal from deflated territory from HighLow Trading System Expert, make the case for a trading opportunity for gold. DomiStock automatically plotted the support line at 1122 that gold’s price is rebounding from, the resistance trendline that gold has just breached and the resistance line at 1180 where the next target for gold has been set (the yellow lines indicate the closest support / resistance). The upward signal produced for gold is the first after its recent plunge.