XAUUSD : Gold Breakout Trading Strategy

By INVESTRONE
XAUUSDsnapshot

Hi , Trader's as you can see market is trading in ascending triangle

Ascending triangle is a bullish pattern , Price after breakout can reach next resistance level at 1986 area from there it can fall to 1974

It can retest 1974 area which now become it's support line

After completion of retest it will continue it's trend


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Ascending TrianglebreakoutChart PatternsdemandandsupplyzonesTechnical IndicatorsmarketanalysisretestshortsetupsupportandresistancezonesTrend AnalysisXAUUSD
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