Gold (XAU)
Alış

Gold Symmetrical Triangle could sky rocket the price to $2,789

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Gold has been forming a Symmetrical Triangle since July 2024.

The Uptrend Flag pole was established, followed by the constricted Triangle.

Now it's still early days, but the price could constrict further until it reaches 3/4s of the apex.

If theory speaks, then the price should break up and out of the Triangle which will take it to $2,789.

I want to be optimistic in 2025. And ONLY if the price breaks below the support, will it show a bearish nature.

Until then, golden balls all the way.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.