Bullish Pennant on GOLD @ H4

This bullish pennant formation on the 4-hour chart of XAU/USD provides a bullish breakout trading opportunity. The pennant and its pole are outlined with the yellow lines. My potential entry level is marked with the cyan line. My potential take-profit level is marked with the green line. I will set my stop-loss to the low of the breakout candle (not shown).

İşlem aktif:

Buy opened @ 1259.94 today at 5:19 UTC, SL=1255.41, current TP=1281.59.

İşlem kapandı: durdurma seviyesi:

SL triggered @ 1255.41 at 6:19 UTC today.