Faibik

GOLD | Getting Ready for 2000 Mark (New All time High)

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
#XAUUSD (Update)


Forming Ascending Triangle Pattern in 1h Chart.

In Case of Upside Breakout, Gold might Hit the 2000$ Mark.

But before Breakout, It Might test the Major Trend line (1956)



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Comments

i hope my idea helps
+1 Reply
Faibik Wolf_of_Trading
@Wolf_of_Trading, Nice Idea
Reply
@Faibik, thank you
Reply
Faibik Wolf_of_Trading
@Wolf_of_Trading, Thanks for Sharing here
Reply
2000 soon
Reply
I think ascending wedge is a signal for bearish, am I right?
Reply
Faibik traderscolo-en
@traderscolo-en you're right but so far it's forming Ascending triangle
Reply
Faibik traderscolo-en
@traderscolo-en in case of fakeout, there is a possibility of asc wedge as well
Reply
@Faibik, ok, thanks~
Reply
Thank you
Reply
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