FX.co ★ GOLD M30: Bullish Symmetrical Triangle

According to the chart of M30, GOLD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 5021.73/4996.17 whereas the lower border goes across 4972.62/4996.17. The pattern width is measured on the chart at 4911 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 4996.17 is broken, the price could continue its move toward 4996.47.