A Bullish Pattern is Emerging in GOLD (XAUUSD).
Gold is forming an ascending triangle pattern on the 4-hour chart, signaling bullish accumulation.
To confirm the continuation of the uptrend, watch the pattern's neckline closely.
A breakout and close above 2772 would validate bullish dominance, with a potential target of 2788.
To confirm the continuation of the uptrend, watch the pattern's neckline closely.
A breakout and close above 2772 would validate bullish dominance, with a potential target of 2788.
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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.