chartwatchers
Short

GOLD finally broke out from the triangle

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
77 0 8
After the triangle breakout the next level is 1196, 89. It's the daily chart's 10 EMA .
Gold             was trying to turn up from the 10 EMA during the last 2 days , so that's the first level we have to break. After breaking it we will heading down to 1180 (02.10. low) ( highlighted in a red box) . This level is the FIBONACCI 38,2% retracement of the previous rally.

I will also post a daily chart update.
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