ThirdEyeTraders

Gold Breakout Is Priming [Repost]

Long
OANDA:XAUUSD   Or / Dollar Américain
We are top down traders and we see price action is approaching the macro trend zone. You will notice we are in a bullish flag /channel and this markup is on the monthly time frame. We have been beating the drum on the 1675 level and mentioning how it is a key level we have been sharing with our students. We definitely are seeing price action consolidating around this level and a massive possible breakout. Our Take profit will be some where along 1953. If our analysis is correct, we are looking for gold to rise $250. This will be a 2500 pip move. Let us know your thoughts, we look forward to hearing from you. We will continue to monitor this and update you all. We appreciate you for checking out our post and remember, we will see you on the other side.

Rodrick (CEO)
Third Eye Traders

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