Looks like there is nice triangle on Gold. I do like triangles.

I have paid attention that triangles on metals often appear but not always work good - sometimes price flats or make opposite move. However I do like an idea that price could falls more to make a full pullback.

Remember that there is always danger to trade Gold. Don't try to trade it based on a setup, you could loose a lot (everything). Make your own view first with good Risk Management. Remember that no one is going to be able to predict how market moves in a future.

I would like to wish everyone super profitable trades in this year.

Trade ist aktiv:

There is very poor dynamics on a short stage - so I would prefer to LONG it from current.

Trade wurde manuell geschlossen:

Order storniert:

The dangerous asset. A rigorous risk management is mandatory.