Gold Spot / U.S. Dollar
Long
Updated

pet rocks no more, bullish doorstopper

338
So the pet rocks have finally broke out after 2 months of consolidation.
4:1 risk/reward trade from here. Long with stops, ride it.


Seeing pretty much the same picture for silver:
snapshot


Also for XAUEUR, but a much much clearer chart:
snapshot
Note
First target hit.
snapshot

Next USD target at $1608.

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.