gamma9097

gamma9097

GOLD will soon finish consolidation and breakout of the triangle.

gamma9097

A new triangle is visible and the price is expected to shoot up... Set a pending order in both directions.....as soon as one of the order gets executed, cancel the other.

gamma9097

The price went upwards breaking free of the triangle, BUYSTOP @ 2058 with TP at 2068 has worked... and now looks like an upward trend.. we will wait for the New York session to begin to see any big movements.

gamma9097

A new triangle pattern similar to what we saw few days back... At the corner, the price may shoot up or fall down. BUYSTOP @ 2058 SELLSTOP @ 2040 with TP and SL 1000 Pips from the ASK/BID price

gamma9097

An important resistance line from the past... Long term = BUY Short Term = SELL If you choose to BUY, Protect the Downside, the Upside Will Take Care of Itself

gamma9097

Gold has finally touched 2000s... now it looks like an upward trend. But first it needs to come down....

gamma9097 Updated 

A Triangle pattern is very clear here.... Gold is expected to reach 1985 and then it will retrace back to 1955 - 1949 which will be the support line for its journey to 2000 + .... SELL now with TP set at 1958...... and set a BUY order in the range of 1955 - 1949