Gold Spot / U.S. Dollar
Long

GOLD: buy signal #traingle

79
A triangle has been forming on gold for the last three days. every day the range is narrower and narrower. I suppose that today, at the speech of FRS Chairman Jerome Powell in front of the House of Representatives, we will see a way out of this triangle (I am thinking that it will go up))) but I'm not sure until the end)))))

$ 1777 - buy signal
$ 1800 - target 1 (securing you local level + psychological level)
$ 1820 - target 2

If you like my idea, please like and write your opinion in the comments

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.