StrataOrion

GOLD - Reversal Compressing Triangle - Major Trendline Support

Long
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Long-Bias - Price is pushing down to the 78.6 Retracement level, accompanied by a compressing reversal pattern and major support from the long-term trend line does stack the odds in our favor, which makes this setup ideal for an reversal setup.

“Trading The World” – “The Clinical Error” – Please support the movement, “Trading The World” one PIP at a time.

Facebook: www.facebook.com/TradingTheWorld/
Instagram: www.instagram.com/strataorion/
Twitter: twitter.com/strataorion
Telegram: t.me/tradingtheworld
Stocktwits: stocktwits.com/StrataOrion

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.