d-squared

Gold short triangle breakout

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
Price appears to have broken out of the triangle. Expecting a retracement on the 1 hour to find resistance and continue down. Targeting 50% daily fib.
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.