In today’s analysis, I will show you three great trading occasions involving a very reliable trading pattern – the triangle. There are three main variations of this pattern: symmetric, ascending and ...
June gold futures show the emergence of the symmetrical triangle pattern. Prices have been oscillating between $1,180 and $1,220 per ounce levels since last month. The strong US dollar and excess ...
News-driven FX Trading: How to Trade Events Like the FOMC, CPI, and NFP Gold (XAUUSD) forms multiple bullish hammer patterns at the support of the ascending triangle. Silver (XAG/USD) breaks above the ...
After touching 1.3000 important psychological level, XAUUSD pulled back from 1300.82 and formed a triangle pattern on its 4-hour chart. The triangle pattern is likely consolidation of the uptrend from ...
The USDOLLAR has been a stellar currency over the past several weeks. That outperformance has also anchored lower the price of Gold. Today, we will look at a possible bearish scenario followed by a ...
Correctly identifying and subsequently trading the triangle chart pattern has benefitted many technical forex traders. The triangle pattern is traditionally categorized as a continuation chart pattern ...