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ng_forex
May 8, 2020 11:31 AM

BUY XAUUSD Long

GOLD / U.S. DOLLARICE

Description

The triangle pattern is broken in gold and we are now looking towards 1740 target.
It's a great buy opportunity. We have been waiting for this triangle to break this whole time. It happened today. :)

After 1740 immediate resistance will be provided at 1760.

Comment

So, the triangle pattern is still intact. So, 1695 must be the buying bid for targets of 1720 and 1740. :)

Comment

Watch out, if 1708 -1700 range holds. Then take a long here for 1720 as TP1 and 1740 as TP2
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