ChartProphet

Gold Ascending Triangle, Watch For Break Confirmation

TVC:GOLD   CFDs on Gold (US$ / OZ)
Gold appears to be forming an ascending wedge but wait for a confirmation before going bearish. Infact, watch RSI for a guide in direction, depending on Macro news you can expect the unexpected these days (coronavirus), for example the DOW just went up out of a descending triangle today, go figure (a bearish pattern with bullish outbreak).

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