GOLD (XAU/USD) Pending Call Position
Gold is in a daily consolidation. 4hr View is forming a descending triangle but with positive divergence which can hint a breakout soon, we will watch closely for $1260 breakout to target 1280-1300 level. So lets wait and see what the market does in the coming day.
I am expecting an up move so buying the breakout seems like a good idea.
Follow up for updates!!!!