Gold has been having support on 1250 which is around 61.8% of the fib level..
It is quite possible that it retrace upward to test 1280 and the next level of 1300..
Can this triangle breakout sustain?? Need the price action to confirm it..
The pair is consolidating in 15min chart.. There is a higher possibility that this pair continue its uptrend..
My 3 trade ideas..
1) Buying at the lower bound of this consolidation..
Price: 102.71, SL: 102.6, TP1:103.35, TP2:103.8
2) Buying at upward breakout..
Price: 103, SL:102.85, TP1:103.35, TP2:103.8
3) Selling at downward breakout
Price: 102.58, SL:102.75,...