Dragon_Ball

XAUUSD (Gold) - Weekly Long-term Ascending Broadening Triangle

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hey everybody,

On daily chart we have formed Ascending Broadening Triangle price (bearish) pattern.

Penetration below the low of last week’s inside bar, will very likely open up a major move to the downside.

However we might be seeing a potentil short term bullish move up to $1810.00 levels before price turns lower again.
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