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Dinesh_C_Nagpal
May 7, 2020 5:35 PM

GOLD Education

GoldOANDA

Description

It has been trading within a triangle ever since it activated a Bearish Alt Bat. Above $1735 the triangle breakout suggest $1785 which is the 2nd target of a Bullish Dragon. As per Ichimoku study, the momentum for upside has a decent probability to start tomorrow. It should be noted that triangle breakouts tend to be the last of a trend, this could turn out to be an unwinding one.

Comment

its triggered a breakout
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