Gold held the gains the past week and is grinding higher into this long sideways ascending triangle.
Some got spooked last month with a mini selloff which only flushed out the weak hands.
This pattern has a high probability of breaking upwards out of the ascending buying pressure, when this break out, it will be a very strong move...shorts feeding the acceleration.
Just keep holding or buying as the moment is very close, a target of around $4000.
Appreciate a thumbs up..Good trading and God Bless you all!
Some got spooked last month with a mini selloff which only flushed out the weak hands.
This pattern has a high probability of breaking upwards out of the ascending buying pressure, when this break out, it will be a very strong move...shorts feeding the acceleration.
Just keep holding or buying as the moment is very close, a target of around $4000.
Appreciate a thumbs up..Good trading and God Bless you all!
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Yesterday's fall is your bargain buy!
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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.
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.