AlexxChan

XAUUSD Triangle formation

FX:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD             has been every bullish lately, and there is a possibility that this pair might head lower to have a breather. Currently we can see the pair forming a triangle pattern which indicates a breakout to any direction. I'm personally going to play this pair safe and wait to see what happens next. Happy trading!
Comment: Looks like gold is going to head lower. I'm going to wait for the retracement back up into my kill zone before selling it.

snapshot
Comment:
pretty much played out like you stated :)
+1 Reply
Looks good!
+1 Reply
AlexxChan franciskim
thank you!
Reply
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