StefanoMichelangelli

Short term ideas, triggers to enter

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
We are currently in a stretch of indecision, where the price will range between $ 1332 and $ 1325. However, in the last few hours a triangle pattern was generated, which by confirming its rupture, would dictate the course of gold in the medium term. if the price exceeds the resistance of this oscillation channel, we could enter the market expecting a TP in $ 1337, otherwise, if it falls below the support, it is advisable to stay out and wait for any sign of continuation of long term upward trend.
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