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Gold Spot / U.S. Dollar
Long
Updated

Gold Long-Term Position Trade

240
There's a noticeable ascending triangle on XAUUSD weekly chart.
This indicates a bullish trend in the making.
Looking to buy XAUUSD around 1290-1300 with targets of 1400 followed by 1480.


Trade active
Bought @ 1291.60
Note
Positions are hedged short at the breakout from 1285. Waiting for the trend to bottom.
Note
Short Hedge closed in profit at 1203.03
selenk
Also on:
Chart PatternsTrend Analysis

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.
Chart PatternsTrend Analysis
selenk
Also on:

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.