kennycho

Gold daily view of the ascending triangle

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
we are within an ascending triangle. volume declining, price increasing. catalyst also the current stock market sell offs.
we had a nice consolidation at support. i bought some gold @ 1190 last month.

watch for the strong resistance.

if volume picks up, a strong move will occur.
Awesome oscillator (AO) looking very promising.

NOT AN INVESTMENT ADVICE

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.