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!!!!

gold18-10

 

You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *