What happened two days ago and today confirmed “when the table(price) turns, sideways movement are not always clear until it is; Triangle is a correction pattern that says defines the market previous impulse whether ‘twas strict or mild but in this case gold previous transaction of buy was impulsive in other words strict and here what the triangle says is “break” from a massive movement.
According to Elliott wave principle triangle makes a 3-3-3-3-3 mark but at it stands we are experimenting on peoples emotions in patience and so far more often than not it’s now a “3-3-3”’ this principle is built on human impatience currently and amount of greed, with pride. We’re looking forward to elaborating and updating this principle of waves according to the current human state of change.