The symmetrical triangle on the daily chart of XAU/USD (Gold) offers an opportunity to trade a bullish breakout. The triangle's borders are the yellow lines. My potential entry level is the cyan line. My potential take-profit level is the green line. I will use the low of the triangle's base as my stop-loss level (1659.43).
Trade attivo:
Long entry triggered at 1725.77 yesterday at 13:39 UTC. SL=1659.43, TP=1797.48 (subject to updates).
Trade chiuso: obiettivo raggiunto:
TP line hit today 1761.18 at 13:47 UTC.
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