DocCDS

Gold, symmetrical triangle pattern, 4h chart

Long
DocCDS Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
hello guys, here's a triangle pattern on the 4h chart, we should expect some bullish momentum soon. Plus, the COT is still bullish on gold. Let's see how it develops in the next days!
best regards,
docCDS
Comment:
1216.5 seems to be the 'buying price', you can see as a support level, maybe it's time to buy some gold to hedge in case of a downturn. August has been always a turbulent month and get ready for some italian drama in late august, early sept

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