Flash430

XAU/USD buy, seven to one return/risk opportunity

Long
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Triangles occurring in similar positions in XAU/USD, EUR/USD, DXY.....potentially with Syria/Russia conflict or China trade war fundamental factors exacerbating. 4th wave triangle looking to break higher. Need probably one more leg (e wave) lower to finish triangle consolidation pattern before a thrust higher. Potential 7:1 reward/risk. BUY at 1330, stop 1320, take profit target 1400.

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