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GOLD STRUCTURE ANALYSIS| SCENARIOS

Long
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
ProSignalsFx Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators Gold XAUUSD forecast preciousmetals scenarios goldlong xauusdlong Technical Analysis analysis
3
5
trendanalysis chartpattern indicator gold xauusd forecast preciousmetals scenarios goldlong xauusdlong technicalanalysis analysis
snapshot
GOLD is trading in a triangle, with it's lower bound changing angle!

(1) A strong green horizontal support has been established

(2) IF gold manages to break out the diagonal resistance of a triangle>>> Then the post-breakout scenario will likely play out

(3) With long opportunities from pullback first and then from retracement to the dotted line.

(4) IF it does not>>> long from the horizontal support
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Comment:
So the diagonal resistance is broken!
Now, the struggle is around the horizontal mini level
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