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TradeWithAdam
Jan 25, 2019 2:25 PM

Gold rushing to breakout! Long

Gold FuturesCOMEX

Description

Gold failed to break out of a wedge pattern recently, but this morning is quickly rushing to break out of what was once overhead resistance as seen in the chart above.

This is a quick note to buy gold on a breakout above 1292.
Target: 1310
Stop 1284

Trade active

Ripped through the trendline and moving quickly to the target.

Trade closed: target reached

Target reached. I would assume that gold stays bid here.
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