Bullish view on GOLDUSD
At first it seemed like GOLDUSD was forming a BEARISH descending triangle. After the breakout of this triangle we can see a falling wedge pattern forming wich is BULLISH. This shows again how much cornfirmation is key for trading.
GOLDUSD now broke out of this pattern and is retesting the previous resistance wich now turned into a support level.
Looking for a nice R:R setup with a target shown on the chart.
GOLDUSD now broke out of this pattern and is retesting the previous resistance wich now turned into a support level.
Looking for a nice R:R setup with a target shown on the chart.
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