olly_price

GOLD - buy the break up or sell the break down

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
This is an ascending triangle but given the split opinion in the market over the future direction of gold (some people are majorly bullish, others are majorly bearish, one week the global markets excel, the next they are doing poorly) I would trade based on both a break above or a break below.

Look for a close above or below the support/resistance.

If it breaks below there is opportunity for a strong move down.
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