XAUUSD stays below a bearish trend line now at around 1291.35 on its 4-hour chart and remains in the downtrend from 1357.45. As long as the price is below the trend line, the downtrend could be ...
Gold prices broke lower from a descending triangle pattern, leading to a significant drop. The gold market is highly volatile, currently showing an ascending triangle pattern indicating potential ...
XAUUSD is facing the resistance of the upper trend line (now at around 1343.00) of the triangle pattern on its weekly chart once again. Being contained by the trend line, the gold price pulled back ...
While many financial markets — from tech stocks to cryptocurrencies — have experienced wild gyrations over the past year or so, gold has barely gone anywhere. Gold’s lackluster performance is even ...
As you navigate the complexities of the foreign exchange market, understanding chart patterns like the ascending triangle can elevate your currency trading game to new heights. This comprehensive ...
Correctly identifying and subsequently trading the triangle chart pattern has benefitted many technical forex traders. The triangle pattern is traditionally categorized as a continuation chart pattern ...
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