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GOLD Approaching Key Support
Gold Spot / U.S. Dollar
Long
GOLD Approaching Key Support
By VasilyTrader
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Updated
Sep 12, 2019
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Sep 11, 2019
Gold is entering a wide zone of demand.
many gold euphoria traders will buy this level expecting 1000% growth till Christmas.
I am also will be looking for a long trade,
but just a bit more conservatively.
I will be waiting for a bullish breakout of a rising wedge on 1H chart to buy.
Stop will be below the lowest point of the wedge.
T1 - 1513
T2 - 1535
*if the market closes below the zone,
setup will be invalid
Sep 12, 2019
Trade closed: target reached
That’s a heat
Chart Patterns
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