Swing Trade Strategy in GOLD

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Gold chart is forming a symmetrical triangle pattern on weekly time frame. If the stock gives a breakout above the resistance line then we can see a great move in this.

The trade should be made with a proper Target and Stop loss as I showed you in the chart. The above analysis is purely a swing trade for education purpose.
Anmerkung
Or 1st Target in Gold is almost done.
Anmerkung
Now wait for The Gold to come down near its trendline level to initiate fresh Buy.
Chart PatternsSupport and ResistanceTrend Analysis

Haftungsausschluss