Gold - Long Term Triangle Breakout Looming
Updated
Fundamentally Gold's outlook is very bullish (mainly due to the global money printing for 10+ years). So this idea is for a long on Gold. Buy the breakout of the upper triangle or buy a lower triangle retest that hold's the level.
Trade active
Long xauusd. Stops @ 1276.80, Target @ 3:1 RR
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.