Mihai_Iacob

Gold- Before NY open update

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
In my morning commentary, I said that although Gold is volatile, is very bullish
At this moment the price is flirting with 1933-1935 resistance and a break here would expose 1950 on short term
In a longer term, we can clearly see a symmetrical triangle that normally leads to continuation, the target for this pattern is 2050!!!

Good Luck!
Mihai Iacob

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