Gold, symmetrical triangle pattern, 4h chart

Long

Or / Dollar Américain (OANDA:XAUUSD)

Mis à jour

OANDA:XAUUSD Or / Dollar Américain

trendanalysis harmonicpatterns beyondta gold xauusd bullish symmetricaltriangle

hello guys, here's a triangle pattern on the 4h chart, we should expect some bullish momentum soon. Plus, the COT is still bullish on gold. Let's see how it develops in the next days!
best regards,
docCDS

Commentaire:

1216.5 seems to be the 'buying price', you can see as a support level, maybe it's time to buy some gold to hedge in case of a downturn. August has been always a turbulent month and get ready for some italian drama in late august, early sept

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