Yuriy_Bishko

GOLD - two possible scenarios ❗❗

TVC:GOLD   CFDs on Gold (US$ / OZ)
A triangle is forming on the gold chart on the higher timeframes. It is difficult to say where the price will go, but if the price gets close to the lower support zone and squeezes around it, a breakdown and a fall down is likely. If the price comes to the trend line and starts to squeeze, a breakout and rise are very likely.

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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.

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