Nawaf__Q8

Down-slopping pennant in Gold

FX:XAUUSD   Gold Spot / U.S. Dollar
After the huge rally, the price is resting and formed down-slopping pennant. I think there a good chance to buy some contracts here when price close above upper trendline. SL somewhere near to last valley.
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.