Long
Updated

AUY - GOLD - outlook

336
Looks like a breakout and we caught the middle of the break, using tight stop rode it and then stopped out on the pullback. So good trades.

Outlook now, could be a continuation of this new pattern, which could lead to a nice breakout, or we can fallback, next few days will tell us what is going to happen.

I lean towards a long on gold but some key levels need to be reached before this can really take off.
Trade closed manually
we made the top but the subsequent pullback was so steep so we exited once it broke our green trendlines

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.