skydansh

Three possible targets ahead

OANDA:XAUUSD   Guld / USA-dollar
To have a better outlook please zome out.
the triangle shown on the chart is acting well so far. the breaking of the triangle from any side can be a confirmation of the movement's continuation.
considering what the chart is showing, an upward movement is expected. if it happens, we'll have three possible targets ahead as shown on the chart. (1st red line, 2nd yellow line & 3rd white line).
if the price could break the triangle from the bottom, the second scenario would be activated.

any question.

Goodluck...
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