TMoneyBidness

Gold on watch for move to 1560 and higher +

TVC:GOLD   CFDs on Gold (US$ / OZ)
If Gold breaks 1500/oz, we're heading to 1560. If it does, you can buy the 3x bull etf JNUG, buy it at around $62 and sell at 80, then 96.
I bought some this morning at 58, but it can easily drop back down to 55 with a stoploss of 52.

I've been getting into Elliott Wave recently, and it seems like this triangle is a correction wave 4 (triangle), which is the last move before a big wave 5.

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.