#XAU: Symmetrical triangle breakout 🚨
XAU, the symbol for gold, has broken down from a symmetrical triangle pattern after being within it for 91 days. From a technical standpoint, we can anticipate a 10% decrease in gold's price based on this pattern.
After successfully retesting the pattern, we can expect the first drop to target the initial level of support, which is around 1987.
Stay tuned for further updates.
After successfully retesting the pattern, we can expect the first drop to target the initial level of support, which is around 1987.
Stay tuned for further updates.
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Register on Blofin and trade with me: bit.ly/Mojo1000
Free TG Daily Futures Signals: bit.ly/CRYPTOMOJO_TA-TG
Free TG Daily Futures Signals: bit.ly/CRYPTOMOJO_TA-TG
Related publications
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.