Gold FuturesUpdated

Comex Gold - Are we Ready for Boom (Triangular Pattern)

2 163
Educational Video : Triangle Pattern Unfolding Realtime

Triangle is an Elliott wave pattern seen during sideways market consolidations, it is composed of 5 corrective sequences. Triangle presents a balance of forces between buyers and sellers, causing a sideways movement that is usually associated with decreasing volume and volatility.


What Next?

Thrust Possible beyond 2015$ & Comex Gold can attempt previous highs of 2075-2078 zone.

Thanks for watching
Note
11:21 am / 5th April 2023

Last @ $2039

Heading in the direction of 2075-2078 Dollar Range

snapshot

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.