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DeGRAM | GOLD triangle formation

Long
Or / Dollar Américain (OANDA:XAUUSD)  
DeGRAM  
OANDA:XAUUSD   Or / Dollar Américain
Trend Analysis Chart Patterns Support and Resistance goldanalysis goldsignals
48
22
trendanalysis chartpattern supportandresistance goldanalysis goldsignals
GOLD is trading in a consolidation zone.

Price is testing the support level and trendline, which creates a trading opportunity.

Price is printing a triangle pattern, which is a consolidation pattern that occurs after massive moves.

We expect market resistance to retest.


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