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WanTheMan
Aug 20, 2020 4:29 AM

GOLD SHINY 

Gold/U.S. DollarFXCM

Description

This is my humble opinion.
Gold 1H currently in ascending triangle pattern.
However fail to break triangle will set another Higher Low (Daily Chart)
15min chart shown double bottom at support line around 1925.

Long position after break triangle or buy after break MA20 and sell at resistance line (before breakout)
Stochastic golden cross over and going up. Big Volume will help gold to going up.

Comment

For trader, you should take action when signal bullish engulfing on 1h chart confirmation.
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