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GOLD H1 ANALYSIS LONG OPPORTUNITY - PRICE @ TRENDLINE
Gold Spot / U.S. Dollar
Long
GOLD H1 ANALYSIS LONG OPPORTUNITY - PRICE @ TRENDLINE
By FXShinobi
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Updated
Nov 5, 2019
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Nov 5, 2019
Hey traders,
Gold has reached an inflection point, as seen by the blue trend line drawn.
Gold previously was stuck in the green consolidation triangle before breaking hard to the down side.
I am waiting for a confirmation signal in the form of a bullish candlestick, or strong bullish close to go long.
Price is still in the ascending triangle structure.
Daily trade analysis and ideas:
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ForexShinobi.
Nov 5, 2019
Note
No confirmation trade invalid
Chart Patterns
Gold
goldlong
goldlongsetup
Harmonic Patterns
Trend Analysis
XAU
XAUUSD
FXShinobi
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