Phil1988

Gold Futures important Triangle

TVC:GOLD   CFDs on Gold (US$ / OZ)
29 0 0
The last few weeks gold             has been moving sideways. At the top there is the massive downtrend line which has been solid for almost 5 years. At the bottom we have the uptrend line supporting the long run during 2016. These two lines are forming a triangle which is coming to an end soon. I'm pretty sure we will see a massive breakout soon. And from there we will see either 1200 againg, or 1400 as the first step and then next 1600.
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