Tango1

Gold - 3 drives for 2020

Long
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Gold appears to be consolidating on intraday chart within an ascending triangle. One possibility is a 3 drives move. Stay Long , gold is BULLISH.



Enter - around $1955

Target - $ 2020 (equal extension of triangle)

Stop - $ 1935 ( below second drive support)

RR = 3








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.