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Yuriy_Bishko

Gold (XAU/USD), Trading plan.

Long
CFDs on Gold (US$ / OZ) (TVC:GOLD)  
Yuriy_Bishko Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
Trend Analysis Chart Patterns Wave Analysis Gold XAUUSD goldtrading Forex EURUSD britishpound japaneseyen
83
21
trendanalysis chartpattern waveanalysis gold xauusd goldtrading forex eurusd britishpound japaneseyen
GOLD is in a triangle the best option is to open entry when the price will break it out.
On this chart, I showed bullish scenario because I think Gold has a big opportunity to move up till $1306.

Don't hurry to open buy or sell because when the price in a triangle there is no entry till it will break it.
Comment:
Price still in triangle
snapshot
Comment:
Price broke down triangle
If 1hour candle will close under it - that will be sell signal
snapshot
Comment:
Gold broke down triangle
snapshot
Comment:
I recommend to open sell after pullback only
snapshot
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