gold has made symmetrical triangle which is part of trend started from 1848. We can expect higher high . White horizontal lines gives us more confirmation on valid breakout. It could be abc correction or 5 impulsive wave but three wave being common in both case.
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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.