XAUUSD Expecting buy setup on triangle bottom line

FX:XAUUSD   Gold Spot / U.S. Dollar
3434 36 61
If price breakdown the triangle bottom line then it may change the pattern formation. I am not expecting breakdown of this bottom line.
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Any update on this pair, thank you
Looks like were heading DOWN, looking for a short entry
we have broken down mate and everything has changed structure and pattern now wait for the new structure and pattern formation mate once i will look for that tradeable structure and pattern then i will update on GOLD mate.
+1 Reply
Maahir29 Wave-Trader
albertwt Wave-Trader
Yes, does the pattern has been changed this week or not yet ?
Lower High Pattern three months of consolidation forming a descending pattern and base line at 1300 level....finally it break and we r heading down..
SL at 1300 as showed in your excellent chart
Agree mate goo luck.
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