The long triangular consolidation in gold may be coming to an end, all patterns end eventually. The inflection zone sits just above the trendline marking the bottom of the triangle which means I will wait for a clear signal before opening the trade. The Fed will clearly have an impact on this trade and i will not take it close to a fomc or an NFP, caution is the watch word.
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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.