Gold failed to break out of a wedge pattern recently, but this morning is quickly rushing to break out of what was once overhead resistance as seen in the chart above.
This is a quick note to buy gold on a breakout above 1292.
Target: 1310
Stop 1284
This is a quick note to buy gold on a breakout above 1292.
Target: 1310
Stop 1284
Trade attivo:
Ripped through the trendline and moving quickly to the target.
Trade chiuso: obiettivo raggiunto:
Target reached. I would assume that gold stays bid here.