VasilyTrader

ascending triangle on gold

Long
VasilyTrader Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar

hey traders,

though 1237 looks broken, for conservative trades as me more clues are needed.
for confirmation of a structure violation I am looking for a breakout of the resistance of an ascending triangle.
(don't be caught by a false breakout, and be patient!)

the initial targe is based on a pattern range,
the second is based on structure.

stop placement is a tricky thing here,
I would place it below 1234

good luck!

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Comment:
violation
Comment:
market is going up

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