mcquak
Short

Ascending triangle is forming

FX:XAUUSD   Gold Spot / U.S. Dollar
230 2 2
Ascending triangle on price could be sign of upcoming breakout. The question here is whether it will be upside or down side break. Corresponding momentum indicates it could be downside break. The break could take price down to 1289.
Let's see what happens...
upside breakout happened. next targets are 1398 1430
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sorry no downside break out
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