dailyfxinfo

Gold will shine again

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
0
Looks like the time has come for the gold ($XAUUSD) to shine again.
A breakout from this consolidation channel may trigger the second leg.
Buying at 1445 with stops under 1440 is a low risk trade.
Initial target will be the channel resistance at 1480.
A breakout of this channel will be an opportunity to add to longs.

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.