was formed on 14.05 at 13:03:54 (UTC+0)
signal strength 2 of 5
signal strength 2 of 5
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 3256.66/3235.31 whereas the lower border goes across 3210.97/3235.31. The pattern width is measured on the chart at 4569 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 3235.31 is broken, the price could continue its move toward 3235.53.
The M5 and M15 time frames may have more false entry points.
Figure
Instrument
Timeframe
Trend
Signal Strength
