meszaros

The gold price is rising before...

Long
meszaros Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
The exchange rate can be a triangular format with a low speed small ATR. This movement can create the basis for further rise. Moving from the triangle upwards can be triggered by a larger movement. The target price for this emerging wave structure may be around 1480 usd.
Comment:
The gold started. The long-term exchange rate is 1489 usd.

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.