GOLD - Trend-Following Buy Setup!

Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.

🗒 GOLD has been overall bullish trading inside the blue rising broadening wedge pattern.

Moreover, the 1900.0 level is a strong support and round number.

📌 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green support zone and lower trendline in blue acting as a non-horizontal support.

📉 As per my trading style:
As GOLD approaches the lower purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)

Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich