GOLD is trading in what might be a bullish triangle OR a bullish flag Which means that eventually the pattern is likely to break upwards Yet the current buildup of the similar in nature resistance structures That are mounting on the lower levels than before Give us a decent chance GOLD will show one more lower hight Break downwards And retest the support at which point we will know if its a triangle or a flag and retest the resistance structures for breakout again
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.