Gold Breakout is Playing Out

1 min read
tarantula fx

tarantula fx

Head of Trading

Dear traders,

Gold is making a bullish breakout above the D H3 and the trend line cross. We could see the next target soon.

1775 is the breakout point. The X-cross™ at the D H3 camarilla pivot 1775 is the sign for bulls to drive the price further up. Next targets are 1781 followed by 1785 and eventually 1791. The price is supported and all the rallies have been bought so far on lower timeframes.

The Analysis has been done with the Black Widow system.

Good trading,
Nenad Kerkez

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