Gold Spot / U.S. Dollar
Long
Updated

Gold to explore out from falling wedge

153
Gold is moving towards falling trendline for the 4th time and I expect price to break above trendline explosively.
Note
Gold is almost at trendline. We will see if it breaks, or reverses. Price have to tell us which direction we trade from trend line.
Note
snapshot
Note
Closed HALF position at 1R
Trade closed: stop reached
Closed last half on breakeven

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.