Gold has been moving within this giant bullish wedge for quite some time now and is now attempting to break out.
This could be an amazing opportunity to play a huge rally if price breaks out of this pattern and then pulls back for a retest.
The first major area of resistance awaits near the July '16 high around 1375.
This could be an amazing opportunity to play a huge rally if price breaks out of this pattern and then pulls back for a retest.
The first major area of resistance awaits near the July '16 high around 1375.
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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.