FX.co ★ GOLD M15: Bullish Symmetrical Triangle

According to the chart of M15, GOLD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 1757.15/1747.81 whereas the lower border goes across 1737.07/1747.81. The pattern width is measured on the chart at 2008 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 1747.81 is broken, the price could continue its move toward 1748.04.