Long

Gold update

In my last idea I told you that Gold is probably making a triangle pattern, so if it goes true then it should shape like this.
Consider the confirmations.

Note

Another scenario is that it reverses down before the second confirmation.

Note

if it drops before the second confirmation, the triangle is failed and we should re-count it
as a Flat.

Note

waiting to see if Gold can break 2800 $ resistance level.

Note

This break out I meant

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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.