GOLD Triangle Pattern Bearish Setup

Gold has been trading in a triangle after an impulsive decline in wave (a). The break of the wave (D) low "green line" will confirm the triangle is completed. Targets below wave (a) low is plausible in wave (c).

Good luck on the chart!
Veejahbee.
Chart PatternselliotwaveanalysisGoldgoldanalysisgoldsignalsTrend AnalysisTrend Line BreakWave AnalysisXAUUSD

Also on:

Disclaimer