BROADENING WEDGE PATTERN
Gold is now trading in an ascending broadening wedge pattern
Now it exactly at the trendline support zone
we have got a falling wedge pattern in the lower time frame and that has also given a breakout which confirms that the correction for the higher time frame gets over.
Refer chart for details
Now it exactly at the trendline support zone
we have got a falling wedge pattern in the lower time frame and that has also given a breakout which confirms that the correction for the higher time frame gets over.
Refer chart for details
Trade closed: target reached
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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.
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.