gghsusa

GOLD ascending triangle

gghsusa Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
$gld $gdx $nugt $dust $jdst $jnug $gdxj $slv $sil

I'm bullish on gold no matter what technical patterns are at play. This is an interesting pattern I've not spotted until the last few months. Looks like a legitimate ascending triangle and measured breakout. Will it break above and never look back or will it correct and land on top to test the triangle? Doesn't matter to me. Either you hold it or you don't.
Comment:
Waiting for next cycle low and then.. perhaps another giant leg up
Comment:
finally! I'm interested into this cycle low. In a gold bull market these cycle lows should happen in a flash
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