Looks like the time has come for the gold ($XAUUSD) to shine again.
A breakout from this consolidation channel may trigger the second leg.
Buying at 1445 with stops under 1440 is a low risk trade.
Initial target will be the channel resistance at 1480.
A breakout of this channel will be an opportunity to add to longs.
A breakout from this consolidation channel may trigger the second leg.
Buying at 1445 with stops under 1440 is a low risk trade.
Initial target will be the channel resistance at 1480.
A breakout of this channel will be an opportunity to add to longs.