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!!!!



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