Gold Spot / U.S. DollarUpdated GOLD - Neutral with a Bullish mind.
Gold has been forming a triangular wedge pattern , and is expected to break above which shall help the commodity to move towards the previous high or even higher.
However the Gold being at the top of the cliff may show some retracements to make the longer moves.
Wait for the price to make necessary break of structure to confirm the movements.
However the Gold being at the top of the cliff may show some retracements to make the longer moves.
Wait for the price to make necessary break of structure to confirm the movements.
Trade closed: target reached
TP hit +120 Pips
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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.