FX:XAUUSD   Gold Spot / U.S. Dollar
As you can see on the graph, ounce of response from the rising supports has prevented the formation of a descending triangle. In fact, he broke the triangle upwards from my point of view and a bull trap occurred. Therefore, we cannot talk about a complete descending triangle anymore. Formation started Quadrilateral formation after descending triangle. This shows that the competition between buyer and seller continues. Buying can be tried on rectangular closures. It is not investment advice.

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