GOLD Triangle formation

By velmunis
Updated
GOLD
Gold has crossed the major psychological level which is 1600.00

*And currently trading at 1620.00 level

*It has broke the triangle formation and reached the top side level of 1620.00

*We can expect short term fall back towards 1606.00 level

*From this level suitable long position may open at 1606.00

*Take profit will be 1628.00

*Stop lose may placed below 1597.00

*Leave your valuable comments below
Trade closed: target reached
Target acheived with +250 pips
Chart PatternsGoldgoldanalysisgoldbuygoldforecastgoldideagoldlonggoldtradingTrend Analysis
velmunis

Related publications

Disclaimer