Faibik

GOLD | Ascending Triangle formation..!!

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
#XAUUSD (Update)


Forming Ascending Triangle Chart Pattern in 4h Timeframe. (Bullish Pattern)

At the Moment, Gold Facing Strong Horizontal Resistance (1978) & On the Verge of Breakout.

Upside Breakout Expected So Wait for Breakout & Retest.

In Case of Upside Breakout, Target Will be Around 2005 (New All Time High) & If Trendline Broken (Triangle Broken Downside), It Might test the 1930 & 1950 (Support Areas)



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