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Gold Spot / U.S. Dollar
Long

Gold, consolidation is ending.

87
The gold is in strong consolidation zone for the past 2 months. Now if it is a breakout from triangle, it is possible to start a strong upward movement and continue the trend. It is also possible to see that strong resistance is broken.
Purvee
consolidation-breakoutGoldgoldtradingresistenceSupply and DemandSupport and ResistanceTrend AnalysisUSDXAUXAUUSDxauusdlong

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consolidation-breakoutGoldgoldtradingresistenceSupply and DemandSupport and ResistanceTrend AnalysisUSDXAUXAUUSDxauusdlong
Purvee

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.