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Gold broke out from the previous symmetrical triangle and we have seen a good price pump. right now its consolidating and I think it's forming another symmetrical triangle we can say for this continuation pattern because while the price is in a strong uptrend. and if the price to the upside we are likely to hit the previous target which was at 1920. and we can find a new good entry in case we missed the previous break out.
Gold broke out from the previous symmetrical triangle and we have seen a good price pump. right now its consolidating and I think it's forming another symmetrical triangle we can say for this continuation pattern because while the price is in a strong uptrend. and if the price to the upside we are likely to hit the previous target which was at 1920. and we can find a new good entry in case we missed the previous break out.
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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.