FX.co ★ GOLD H1: Bullish Symmetrical Triangle

According to the chart of H1, GOLD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 2352.03/2335.15 whereas the lower border goes across 2312.06/2335.15. The pattern width is measured on the chart at 3997 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 2335.15 is broken, the price could continue its move toward 2335.55.