ZeroIn_Traders

POSSIBLE LONG POSITION ON GOLD

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
Gold is currently at a very strong support level. Coming into the level it has formed a falling wedge which as we know it is a bullish reversal pattern. Will the formation be respected or will the bears continue to drive the market lower. Only Time will tell. Will update as time goes on, stay tuned!

Good Luck.
God Bless!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.