Idea: Bullish Gold daily (weekly) chart

Aktualisiert
Idea (NO financial advice!):
Gold seems to break the resistence line at roughly 1233/34 ( daily chart ) and might test this line again (see first blue arrow). If the line functions as support, there is potential to roughly 1273 (see weekly chart, trend line: tradingview.com/x/WV8bbrfZ/).
In the long run (weekly chart) there is even potential for reaching the resistence line at 1350.
Dependent on US Dollar and the overall economy.
Anmerkung
First target reached. I will stay in the trade but with a tight stop loss.
Chart Patterns

Haftungsausschluss