More upside opportunity?Due to the ongoing trade wars and rising geopolitical tensions; already existing and uprising between the US and Yemen this fundamentally provides more bullish opportunity for the safe-haven metal.
The current price action also supports the bullish intentions with a Bullish breakout of the bullish flag chart pattern with price finding support at the resistance of the bearish trend line.
Although the breakout has been with consolidation with price sweeping both buy side and sell side liquidities, which has resulted in the formation of an ascending triangle which may still require a few downward and upward price movements to fully take effect.
Remember, trading is difficult because of loss of capital. Only a proper risk management can guard against this.
-