XAU/USD buy, seven to one return/risk opportunity
Triangles occurring in similar positions in XAU/USD, EUR/USD, DXY.....potentially with Syria/Russia conflict or China trade war fundamental factors exacerbating. 4th wave triangle looking to break higher. Need probably one more leg (e wave) lower to finish triangle consolidation pattern before a thrust higher. Potential 7:1 reward/risk. BUY at 1330, stop 1320, take profit target 1400.