Gold failed to break out of a wedge pattern recently, but this morning is quickly rushing to break out of what was once overhead resistance as seen in the chart above.
This is a quick note to buy gold on a breakout above 1292.
Target: 1310
Stop 1284
This is a quick note to buy gold on a breakout above 1292.
Target: 1310
Stop 1284
Trade active
Ripped through the trendline and moving quickly to the target.Trade closed: target reached
Target reached. I would assume that gold stays bid here.Disclaimer
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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.