XAUUSD Gold
GOLD
The gold market is updating its highs and it is builing a bullish pressure at resistance by forming an ascending triangle pattern. This type pattern usually breaks towards the main trend which is bullish . The gold market is updating its swing highs and lows. It failed to broke and fix below the support level . I think price might retest the support and continue updating its highs towards main resistance if price makes a fake break or double bottom . My goal is resistance at 1945.900
The gold market is updating its highs and it is builing a bullish pressure at resistance by forming an ascending triangle pattern. This type pattern usually breaks towards the main trend which is bullish . The gold market is updating its swing highs and lows. It failed to broke and fix below the support level . I think price might retest the support and continue updating its highs towards main resistance if price makes a fake break or double bottom . My goal is resistance at 1945.900
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.