CobraVanguard

GOLD is gonna Reach 2k?

TVC:GOLD   CFDs on Gold (US$ / OZ)
GOLD is in an Ascending Triangle. This means the Price is gonna Increase a Lot. Break out needed for ascending Further has not Happened Yet So We Shall Not Take Position without Confirmations! If the Break out Happens, The Price Can Increase as Much as The Measured Price Movement (AB=CD) Which means the Price can reach around 2k again which is a Pretty Strong Resistance For Gold as well.

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Thank you for seeing idea .
Have a nice day and Good luck
Trade closed: target reached

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