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Gold Spot / U.S. Dollar
Long

XAUUSD Triangle Pattern Completion?

By Parsa9776
Updated
Gold seems to be completing a triangle ,setting up wave 5 and a possible long position after breaking the resistance zone.
Note
After successfully breaking the triangle followed by a corrective wave, next impulsive move is likely to start.
Note
If the resistance is broken there will be a possible opportunity for long entry:
snapshot
Note
The resistance zone held the price and a pullback move has been started.
Chart PatternseliotwaveForexforexsignalsforextradingGoldTrend AnalysisWave AnalysisXAUUSDxauusdlong
Parsa9776

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