GOLD LONG
Gold is preparing for a large move upward. We have a symmetric triangle forming on Gold which is a Continuation pattern for an asset.
No explanation needed for the Long term bullish outlook for Gold with all indicators suggesting strong upward moves.
Once we get a breakout of the upper trend line this will continue to move up strongly. This is a great area to be accumulating longs into the markets waiting for the large upward move.
The fib extension on the weekly has important levels but over the next few months we could be reaching somewhere between 2800 and 3200.
No explanation needed for the Long term bullish outlook for Gold with all indicators suggesting strong upward moves.
Once we get a breakout of the upper trend line this will continue to move up strongly. This is a great area to be accumulating longs into the markets waiting for the large upward move.
The fib extension on the weekly has important levels but over the next few months we could be reaching somewhere between 2800 and 3200.
Trade active
We will Take our Trade on this Dip to Support and continue accumulating our Buys.Trade closed: target reached
Congratulations to those who took this Idea.
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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.