Gold - Potential Breakout

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Hello Traders, welcome to today's analysis of Gold.

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Explanation of my video analysis:

With the beginning of 2013 Gold started to form a major higher timeframe rounding bottom formation. After the breakout in 2019 we then saw a bullrun followed by the current consolidation. Gold is now forming an ascending triangle which could lead to a massive breakout and I am waiting for a retest of the trendline mentioned in the analysis to add to my Gold longs.

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I will only take a trade if all the rules of my strategy are satisfied.

Let me know in the comment section below if you have any questions.

Keep your long term vision.

Penafian

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