Gold Long Term: Simple Analysis - target €1700

Long

GOLD / EURO (FX_IDC:XAUEUR)

Updated

FX_IDC:XAUEUR GOLD / EURO

Chart Patterns Triangle

chartpattern triangle

symmetrical triangle target is €1700

not trading nor investing advice

Comment:

Retest of triangle and then further up?
Theory suggests that succesful breakout will lead to €1700 = 1160 + 540

Comment:

Possibility of bull flag coming to an end? Next leg up might be coming imho?

Comment:

Smooth sailing...

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