Csys
Long

Gold: Bullish triangle break-away

FX:XAUUSD   Gold Spot / U.S. Dollar
86 0 0
The first metal in the series is Gold             , whose congestion pattern has taken the form of a symmetrical triangle. As with the index (see the idea linked below), we see a continuation of the upward motive, which, for Gold             , has also broken the weekly bearish TL. It would not, then, be very aggressive to target the UMLH for the Gold             traders.
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