Gold Bottom Out Long

2019년 12월 24일Structure: Uptrend
Moving Average: Uptrend
Trendline: Breakout of Downtrend Line
Pattern: Ascending Triangle
Trigger: Closed above 1482-1486 multiple resistance area
Resistance: 1500, 1515
Support: 1480 - 1486

Gold finally broke up month long resistance
Go long around 1480-1484, wait for retracement to the Resistance turn Support area
SL: 1465 or closed below 4H 200 MA
1st Target: 1515
2nd Target: 1530