Mushraat

GOLD break out awaited for Potential Buy Trade

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
2
Gold is forming a descending triangle but with positive divergence which can hint a breakout soon, we will watch closely for $1260 breakout to target 1280-1300 levels

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.