XAUUSD is currently rejecting the upper trendline of a Bullish Continuation Triangle. Though it is expected to at least sell into one of the marked zones, Long-term SELL should only be considered if the lower trendline is broken.
A Bullish Reversal Pattern at the zone(s) could eventually cause a breakout from the Triangle.
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A Bullish Reversal Pattern at the zone(s) could eventually cause a breakout from the Triangle.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.