mal.85fx

Gold short term trend

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
Gold has been behaving (following a pattern) so far... It has a tendency to follow a triangle type pattern and then break out in the past, it will most probably do the same again by the end of year, possibly the start of 2016. Those are my thoughts.


Ideas and thoughts are welcome on this chart, all for learning purposes.
I am not a pro and am not suggesting this is the pattern to trade nor am I encouraging to create any entries.
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.