Buy the Break out Long

Gold/U.S. DollarFXCM

Description

⋅ Sep 10, 2016 4:51 PM

XAU/USD -0.78% is forming a falling wedge pattern after a impulse from 1303 to 1350.
Buy the break out of this pattern for TP of 1344-1348 Resistance zone confluence with the Trendline.
If Break out below this pattern, Invalidate this idea.

Also, RSI is showing Hidden Divergence.

Comment

⋅ Sep 13, 2016 1:43 AM

BO Happened last night as expected