Gold Long Term Break Of 5 Month Triangle
Gold breaks the upper side of a 5 month long triangle formation, as well as the parallel channel.
Its broken cleanly on the daily, and now an anticipated continuation before a possible retest.
Zoomed in, looking at our other idea below, we can see the first targets will be 2740 and 2752.
Ultimately, Gold could well be heading towards 3000-3100 after successfully breaking this triangle.
https://www.tradingview.com/chart/USCGC/SXDzk43x-Gold-Breaks-Long-Term-Channel-Triangle/
Its broken cleanly on the daily, and now an anticipated continuation before a possible retest.
Zoomed in, looking at our other idea below, we can see the first targets will be 2740 and 2752.
Ultimately, Gold could well be heading towards 3000-3100 after successfully breaking this triangle.
https://www.tradingview.com/chart/USCGC/SXDzk43x-Gold-Breaks-Long-Term-Channel-Triangle/
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