GoldmanBucks

Gold broke the triangle

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
The price broke and closed above the triangle and now we have a good technical opportunity towards previous highs for retesting them.

If the market can make a new higher high without a pullback scenario (=closing as a higher high) we can expect the retest of the next level around 1255. If this level cannot hold we can probably see more upside towards last years 1288 area.

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