GOLD: forming a triangle to break through resistance?

2019年8月2日

Let's have a look at XAUUSD chart. Here we can draw some static horizontal supports and resistances, but the most important one is EMA200. I think EMA will come closer and closer to resistance with the price to form a triangle, and to pump GOLD higher than $1450. Make sense to buy around $1410 - $1415.