Goldie is lurking
With everyone and their kid brother devaluing their currency we have seen strength in Gold. Gold has formed a nice wedge that when broken should run nicely. We like the upside potential and pullbacks to the green zone (26-22 area) will be our trigger area. Sine this setup falls in the middle of the wedge it's important to wait for the trigger. NO TRIGGER, NO TRADE!
Related publications
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.