Wikiwicks

XAUUSD coming out of election day uncertainty

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
#XAUUSD (Gold) (1H):

The large indecision of the past days is reflected on the chart, forming a triangle, which is now being broken to the upside.

This could be a good opportunity for a medium term buy position if the retest + rejection of previous high will occur.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.