FTE1995

GOLD - UPDATE: Symmetrical triangle broken + retested

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
- Gold has broken the symmetrical triangle pattern it was within, to the upside
- It has now retested it on the hourly chart
- Price could potentially move higher again now
- Fed's Powell speech later on tonight (19:00 GMT) could provide the volatility needed for this break higher
- EQUALLY this speech could result in gold dropping so be careful and make sure to PLACE STOP LOSSES

THIS IS NOT TRADE ADVICE NOR A TRADE CALL
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