CharlieGunner

Possible GOLD Long Opportunity

TVC:GOLD   CFDs on Gold (US$ / OZ)
GOLD has formed a descending wedge pattern on the H4 time frame. Price is currently testing a daily support level, also, the support trend line of the descending wedge. There's surely enough room for an upside movement if you ask me. This is the perfect time to look for long opportunities.

Entry Point 1650, Stops 1600 & Target 1750.

Trading ideas are subjective. Individual analysis advised.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.