XAUUSD: Quick sell opportunity within the Triangle.

Following the exhaustion of the 1D Rising Wedge, Gold has been trading sideways on 4H (Williams = -48.077, CCI = 33.7421, Highs/Lows = 0.0000) forming a Triangle. The inability so far to break 1,300 is certainly not encouraging and calls for a stronger pull back, but focusing on the very short term outlook, a solid sell opportunity is presented within the Triangle. TP = 1,287.20.





** If you like our free content follow our profile (www.tradingview.com/u/InvestingScope) to get more daily ideas. **

Comments and likes are greatly appreciated.