Ascending triangle possible breakout at resistance 1889
Ascending triangle Scenario 2:if support is broken to downtrend breakout zone strong support 1883 area
I will wait for further confirmation before taking any directions at this point.
I rather not trade in consolidation zone, I prefer to wait for a clear direction.
Gold overall is still bullish, these down moves are just retracements. I am hoping for a retracement on the 1860-30 and best case scenario 1815.
This chart is for education purposes only , this is not financial advice.
Ascending triangle Scenario 2:if support is broken to downtrend breakout zone strong support 1883 area
I will wait for further confirmation before taking any directions at this point.
I rather not trade in consolidation zone, I prefer to wait for a clear direction.
Gold overall is still bullish, these down moves are just retracements. I am hoping for a retracement on the 1860-30 and best case scenario 1815.
This chart is for education purposes only , this is not financial advice.
Trade closed: target reached
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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.