GOLD (XAUUSD): Bullish Outlook Explained
Gold created an ascending triangle pattern following a test of a horizontal support level on a 4-hour chart last week.
The pattern had a strong horizontal key level as its neckline, which was successfully broken and closed above last week.
I anticipate that the market will experience upward movement in the near future, with potential targets at 2360 and 2380.
The pattern had a strong horizontal key level as its neckline, which was successfully broken and closed above last week.
I anticipate that the market will experience upward movement in the near future, with potential targets at 2360 and 2380.
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