In the lower time frame, XAUUSD demonstrates a bullish trend within a symmetrical triangle formation. Traders are positioned to open trades based on either a breakout or breakdown from this pattern, aligning with targets set within the symmetrical triangle.
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.