Gold Spot / U.S. DollarUpdated Rising Wedge Gold XAUUSD
Gold is currently re-testing previous support as resistance in a rising wedge fashion.
We shall see if Gold can break above the wedge.
If it does we are long on Gold til $1955!
Catalysts:
Trump & Covid
Presidential Debates & Elections
Fiscal Stimulus for the U.S
Upcoming Economic Data
We shall see if Gold can break above the wedge.
If it does we are long on Gold til $1955!
Catalysts:
Trump & Covid
Presidential Debates & Elections
Fiscal Stimulus for the U.S
Upcoming Economic Data
Note
Hit the SL! Always emphasizing on risk management so we never lose more than we win but we will find greater opportunities for entries as we inch closer to the U.S Presidential Elections where there will be greater volatility in the markets
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