HOOPFOOD

XAUUSD Ascending triangle almost complete?

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
If this is an ascending triangle then I will be watching trend line a bit harder and resistance as well.
This is just another view into my 1850+ target. I have been bull for months now.
Comment: Apologies to all those who follow my analysis.. Gold ranged down to NFP. Bad analysis happens. I am usually better. I hope no one takes my work as gospel or over leverages. Happy Trading.

Comments

We also had a bullish view on XAUUSD, good job mate! Here's our new analysis on GOLD

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HOOPFOOD mostafaomrani
@mostafaomrani, I am usually better. Bad analysis happens.
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Interesting observation. I like it.

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@Tradersweekly bears won. 1850 maybe next?
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@HOOPFOOD, I do not know. It is also why I decided not to set any short term price target. I find it difficult to call exact levels where correction would cease. But then I am still bullish medium and long term. We will see what happens. Thank you for your response.
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eagle eye bro
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@salvanost bears won :( lol
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@salvanost 1780 May be bottom though
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Loving it!
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