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Fractal777
Jul 31, 2020 10:50 PM

Golden Blast Off! Long

GOLD (US$/OZ)TVC

Description

Thank you for taking the time to read my idea, your support is appreciated by a thumbs up.

Gold has not disappointed the bulls the past week or so.
Some believe they have missed out and hold off buying...this is a fallacy in bull markets.

We clearly have an ascending triangle building and this pattern is powder keg.
It's a continuation pattern of high degree probability of a further spike.
You can wait for the breakout which can be very swift or an entry inside the compression.

This setup is as good as it gets in trading as we witness the tussle of pressure.
Silver is also very bullish and I call for a thrust in my other idea.

Have a great weekend!
Comments
craigemm
just look at that when u press play!

AWESOME!

Happy Days! : D

Hope your well Frac

xCM
Apaulsen35
Thank you brotha. You too.🙃
magnusmajorfx
Ascending triangles like this usually end up breaking downwards though. It all depends on the break out of structure.
craigemm
@magnusmajorfx, your right but these aint "normal" times..

Just press Play!

xCM
Fractal777
@craigemm, Hi Friend,

Back again from the dead..literally!

I am in eleisium!

Will chat more very soon ..God Bless.
craigemm
@Fractal777,

Haha!

Eleisium? Like in the Movie...haha lucky you.

Look to be making the trip soon myself!

: )

xCM
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