TVC:GOLD   CFDs on Gold (US$ / OZ)
GOLD's breakout or retest completion of the descending triangle pattern in the 1-hour timeframe, combined with its adherence to the Impulse Correction Strategy, suggests a potential buying opportunity. Traders may consider long positions in GOLD for both short-term and long-term trades, anticipating further upward movement based on this technical analysis.
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.