sibbengaharry

Gold 4th corrective wave forming a triangle

Long
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Looking at the chart i can see a triangle corrective formation on the 4th corrective wave that could be coming to an end. Price action has been testing the 23.6% fib level as you can see and has been struggling to break passed this point.

I am still bullish on gold and this could be the beginning of the start of the 5th wave on the up side.

SL: 1902.27
TP1: 2014.84
TP2: 2073.30
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