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 ...

XAUUSD stays below a bearish trend line now at around 1291.35 on its 4-hour chart and remains in the downtrend from 1357.45. As long as the price is below the trend line, the downtrend could be ...

Gold prices broke lower from a descending triangle pattern, leading to a significant drop. The gold market is highly volatile, currently showing an ascending triangle pattern indicating potential ...

Gold prices are holding above $4,600 as soft U.S. inflation data, rising geopolitical tensions, and bullish technical ...

XAUUSD is facing the resistance of the upper trend line (now at around 1343.00) of the triangle pattern on its weekly chart once again. Being contained by the trend line, the gold price pulled back ...

Today, three setups, where we still have to wait for the breakouts but once they are going to happen, we should receive very reliable trading signals. The first instrument is the USDCAD, where the ...

Last week, gold finally broke out of the consolidation it has been locked in for almost a month. The price fell to $1400 before rising to $1453 on Friday, July 19th. But instead of maintaining the ...

Gold finally moved to the upside, driven mainly through fear and risk-off mode rather than inflation. The price managed to break the crucial horizontal resistance (less crucial in the past weeks, ...

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 ...

Triangle pattern trading is a strategy many day traders use to enter and exit their positions with confidence as prices stabilize. Triangles are a continuation pattern, meaning they’re not marked by a ...