Symmetrical triangle formation GOLD
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Fundamental analysis : With the trading war still going on we are seeing a rise in gold price, as safe heaven we probably see a rise on the price of this hard commodity.
Technical analysis : Symmetrical triangle formation (continuation pattern) We will probably wait until a possible retracement after the break of the triangle.
Comments: As very volatile commodity pair, keep the risk as low, our analysis still see a continuation of the price probably until 1570.00
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Fundamental analysis : With the trading war still going on we are seeing a rise in gold price, as safe heaven we probably see a rise on the price of this hard commodity.
Technical analysis : Symmetrical triangle formation (continuation pattern) We will probably wait until a possible retracement after the break of the triangle.
Comments: As very volatile commodity pair, keep the risk as low, our analysis still see a continuation of the price probably until 1570.00
Feel free to visit our website: fxtradingservices.com
Instagram: fxtradingservices
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