I see a bullish accumulation pattern - the ascending triangle formation
on Gold on a daily.
In a strong uptrend, such a pattern usually indicates a highly probable
bullish continuation.
The main focus now is on the underlined blue resistance based on a current ATH.
Its breakout and a daily candle close will open a potential for much more growth.
Next resistance will be 3100.
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
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.