GOLD Symmetrical triangle on H4
As the overall bias on gold is bullish currently, I'd expect a push to 1750 in the case of an upwards triangle breakout.
In case of a downwards breakout, a revisit of the 1650 level is possible and will provide a good re-entry point for long positions.
In case of a downwards breakout, a revisit of the 1650 level is possible and will provide a good re-entry point for long positions.
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.
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.