Gold (XAU/USD), Trading plan.
Updated
GOLD is in a triangle the best option is to open entry when the price will break it out.
On this chart, I showed bullish scenario because I think Gold has a big opportunity to move up till $1306.
Don't hurry to open buy or sell because when the price in a triangle there is no entry till it will break it.
On this chart, I showed bullish scenario because I think Gold has a big opportunity to move up till $1306.
Don't hurry to open buy or sell because when the price in a triangle there is no entry till it will break it.
Note
Price still in triangle Note
Price broke down triangleIf 1hour candle will close under it - that will be sell signal
Note
Gold broke down triangleNote
I recommend to open sell after pullback only
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