ipuneet

Gold - is poised for a move in either direction.

Long
ipuneet Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Important news is out, Gold has been consolidating in a narrow range for some time.

Forming a triangular pattern on daily charts with RSI turning positive.

I believe, traders can trade in the direction of breach of this triangle, sound chances of relaiming 1500+ USD, if it exceeds 1484.


Trade closed: target reached

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