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kosai19

Gold - Long Term Triangle Breakout Looming

Long
Gold Spot / U.S. Dollar (FX:XAUUSD)  
kosai19 Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Chart Patterns Triangle Trend Analysis wedgebreakout trianglebreak
5
1
chartpattern triangle trendanalysis wedgebreakout trianglebreak
Fundamentally Gold's outlook is very bullish (mainly due to the global money printing for 10+ years). So this idea is for a long on Gold. Buy the breakout of the upper triangle or buy a lower triangle retest that hold's the level.
Trade active:
Long xauusd. Stops @ 1276.80, Target @ 3:1 RR
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