impactor

GOLD is trying to breakout!

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
As you can see, here we have a huge triangle with ascending support and horizontal resistance. Previous breakout was a false one, but the price still holds this huge ascending support! It might be a place to buy GOLD.
In case support falls down - sell it.
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.