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Tutur

GOLD ready to go to 1250

Long
Gold Spot / U.S. Dollar (FX_IDC:XAUUSD)  
Tutur  
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns trianglebreak XAUUSD Gold breakout LONG
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trendanalysis harmonicpatterns chartpattern trianglebreak xauusd gold breakout long
My outlook on gold has been bullish for the last 2 weeks or so. Right now, I believe the consolidation phase is at its end. As we can see in this nice triangle pattern, gold is ready for a breakout. I believe price could go back to 1250.

See my previous ideas for more details on why I am bullish on GOLD.
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