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CFDs on Gold (US$ / OZ)
Long

Falling wedge Gold

By Air_Bud
Updated
This is really early call on gold cause 3rd touch has happened just now, but we have 2 touch already from yesterday and previous week. will see if this is valid. If valid then this is the good place for going on a long buy.

Will see, good luck!
Comment
Gonna be honest I don't like this slow break of the wedge, I expected it to be a bit bigger spike up. But so far wedge is valid today USD have a lot of news, so if you bought Gold use close SL.

Good luck, 1st tp for gold is 1520, 2nd 1555
Trade closed manually
Closed now beacause I see that theres might be defferent wedge now in the making, which could drive gold down 1488, soon I'll post it.
Trade active
Wedge is still valid enter on continuation pattern.
Trade closed: target reached
Chart PatternsFalling WedgeGoldTrend Analysis
Air_Bud
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