GOLD IMPORTANT BREAKOUT| LONG

٢٢ يونيو ٢٠٢٠

Greetings, fellow traders!

Gold has broken out of the triangle, and above the mirror horizontal level too, while being above the diagonal support trendline.

RSI indicates the asset being overbought, so a correction is expected.

After that, If the horizontal level and the diagonal support stand>>go long.

The parallels with the previous breakout are too perfect not to be noted too. It is not a conventional trading signal, but I would not dismiss it, so I count as a bullish sign too.

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