If the resistance is broken, it can lead to a good trading position And form a dowtrend
A triangle pattern is forming and you have to wait for one of the areas
This is just a personal analysis and it is better to trade based on your own strategy
The price returns from the bottom of the channel and moves upwards with the formation of the Divergence The first target is expected to hit the drawn resistance
It seems that after breaking a strong triangle, gold is looking for its ascending goal and will continue to grow after returning to the drawn resistance.
One of the following two conditions is predicted for gold and the possibility of gold falling from these resistance areas is high This is just a personal analysis and it is better to trade based on your own strategy
We are in a negative trend and the price is on the verge of hitting 2 resistances and there is a possibility of going down This is just a personal analysis and it is better to trade with your own strategy
I think the price is going to hit resistance and go down This is just an analysis and it is better to trade based on your own strategy good luck :)