We can see price of XAUUSD has been ranging in a daily channel, pretty much just doing LL and LH, we can expect to see pice make new LH right where weekly and daily trend line cross
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triangule pattern formation at the 15 min charts, been this good price to long gold
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After to much consolidation there is a clear impulse, thats the best definition for a ending diagonal pattern, best sample we can find, ride the long, take profits at the 0.786 level
Note
Potential buy limit order, price making double bottom before going long
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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.