thedailychartist

More evidence that GOLD about to attempt to break ATH...

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold has been breaking resistance levels recently. Trying to create a higher high by breaking 1950 is more evidence we are about to see Gold even higher, probably in a strong fashion (no pullbacks in the 1D chart so far since breaking out of the bull flag consolidation pattern). We still need a daily close above 1950 to confirm but things seems to be looking good.

Warning: Trade at your own risk. Not a trading advice. Do your own due dil and analysis!

Comment:
Strong sell-off and currently testing breakout level... Moving on as there are better trades out there right now.
Comment:

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