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Gold 2 scenarios
GOLD
, 60
GOLD: Gold 2 scenarios

trade wisely

Ascending bullish triangle
GOLD
, 240
Long
GOLD: Ascending bullish triangle

We can see that we are at the peak of the triangle, so there is no room for another fake breakout, unless the formation fails which might take us to 1720 or even lower, the only direction that I see is up.

Gold direct target 1763 50% weekly fib level
GOLD
, 1D
Long
GOLD: Gold direct target 1763 50% weekly fib level

Gold will hit 1763 very soon and from there we shall see what happens next...

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