WaveRidr

GOLD LONG - Set up... next week post-NFP

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
The long triangular consolidation in gold may be coming to an end, all patterns end eventually. The inflection zone sits just above the trendline marking the bottom of the triangle which means I will wait for a clear signal before opening the trade. The Fed will clearly have an impact on this trade and i will not take it close to a fomc or an NFP, caution is the watch word.
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