vessovit

Gold next level

vessovit Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Looks like we are finding new support (red line). It seems that we are facing some sideways probably caused by high level of uncertainty in the world at the moment. Gold has been quite recently on levels 1300 (Dec. 2016) but with high volatility. This year we see more stable upward trend.

Keeping an eye on the redline and the closing triangle.

Wish ya happy trading folks.
Comment:
the gap
Comment:
we closed the gap, now is that new the channel ?
Let's see, if we going to try 1300 and 1295

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