Gold Spot / U.S. Dollar
Long
Updated

#Gold : Possible bull pennant setup coming

211
Keep a eye on the price action of Gold here

We may form a bull pennant.
Note
The structue of the flag needs to keep forming and a rsi / stoch reset with a pin bar shakeing out traders at the bottom flag support may be a sign of good entry.
Trade closed manually
Not a bad result.
Note
TP at red zone for me

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.