GOLD - UPDATE: Symmetrical triangle broken + retested
- Gold has broken the symmetrical triangle pattern it was within, to the upside
- It has now retested it on the hourly chart
- Price could potentially move higher again now
- Fed's Powell speech later on tonight (19:00 GMT) could provide the volatility needed for this break higher
- EQUALLY this speech could result in gold dropping so be careful and make sure to PLACE STOP LOSSES
THIS IS NOT TRADE ADVICE NOR A TRADE CALL
- It has now retested it on the hourly chart
- Price could potentially move higher again now
- Fed's Powell speech later on tonight (19:00 GMT) could provide the volatility needed for this break higher
- EQUALLY this speech could result in gold dropping so be careful and make sure to PLACE STOP LOSSES
THIS IS NOT TRADE ADVICE NOR A TRADE CALL