T_V_TreeTrader

GOLD In the ascending triangle

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
‍Hi every one

As you can see, the price is in the ascending triangle and that's a good thing
If the triangle resistance line is broken, the price goes up

Remember that Trend is our friend and we have to hold his hand and go with it .
Traders, if you like this idea or have your opinion about it, write in the comments. We will be happy

Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast

Thank you for seeing idea . please support us
Good luck.

Comment: Psychology and description of the ascending triangle:
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Comments

Interesting Idea check out mine
Reply
Hi. First of all Its not an ascending triangle. Its a fake symmetrical triangle. Cause There is not enough contacts with lower trend. Real symmetrical triangle is over and we're in pullback right now
Reply
Do you think gold will pull back further next week and bounce off support around $1860? Or may bounce from where it is now? I'm only new to trading and hoping to learn. Thanks
Reply
@Bad980, Price may fall until around 1850 dollar
Reply
GOLD 24 COLCK????
Reply
T_V_TreeTrader jalalroshan
Reply
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