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XAU/USD (Gold) has been building a contracting triangle chart pattern for a long time. Will the continuation pattern indeed break to the upside as expected? The XAU/USD (Gold) has been building a ...
This is a critical and interesting point of any potential triangle pattern. Gold (XAU/USD) is confirming a contracting triangle chart pattern. This price pattern was expected in our analysis after ...
The strong bounce at the long-term moving averages, however, is increasing the odds of a contracting triangle pattern. For the triangle to remain intact and valid, price action may not break below ...
He is a Chartered Market Technician (CMT). Alistair Berg / Getty Images A triangle chart pattern is a tool used in technical analysis. Named for its resemblance to a series of triangles ...
To arrive at my hasty oil-price prediction, I’m going to use a well-worn technical pattern extrapolation known as a contracting triangle. Forgive my artwork, (I never was a color between the ...
the price entered a multi-phase correction that developed into a complex W-X-Y-X-Z pattern. The Z wave terminated near $0.57, printing a final low within a contracting triangle structure.