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UnknownUnicorn691562
Mar 15, 2018 6:30 AM

Gold, Looking to break up.  Long

GOLD (US$/OZ)TVC

Description

The price has shown support at 1220.00 and is likely to break upwards, political uncertainty and trade wars tension should drive up Gold in the short term

Comment

The price has shown support at 1320.00 and is likely to break upwards, political uncertainty and trade wars tension should drive up Gold -0.02% in the short term
Comments
Hope4Today9
Well maybe. hum... Gold is in a triangle pattern. By selecting more points these charts are earlier to that conclusion, for me your slope is too great ... Were we to draw to the close or to the shadow. Then we'd have two point instead of three, sure maybe there
's a point in the past we can catch. (& we need three after that confirmation of the break out.) I don't know which way this triangle will break. However, I think there's still more room to the down side before it hunts back upwards. good luck
minhstyle100x
I think down
UnknownUnicorn691562
@minhstyle100x, Well then short it :D
minhstyle100x
@ApeX_Trading_Group, Yes
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