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Gold Consolidates in Triangle Pattern, Potential Breakout Ahead

Gold Consolidates in Triangle Pattern, Potential Breakout Ahead
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Gold has been trading sideways at the price of $1.925 and I see potential for the triangle pattern breakout.

Due to the breakout of the multi-day consolidation last week and the triangle pattern in creation in last few days, I see potential for the further drop in case of the breakout of the support at $1.920.

Downside objectives are set at the price of $1.910 and $1.900 Key resistance is set at the price of $1.933

 

gold consolidates in triangle pattern potential breakout ahead grafika numer 1gold consolidates in triangle pattern potential breakout ahead grafika numer 1

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