Tag: 31/07/2021

4000+ Points Gold price rises from the support and formed an Ascending Triangle

Gold Analysis Gold has formed an Ascending triangle pattern after falling from the recent high. Wait for the confirmation of breakout from this Ascending Triangle pattern. Recently, Gold has reached the higher low level of an Uptrend line and made some consolidation at the support zone After that market starts to rise from the support zone and Gold price reached the Resistance high making +4000 points move. Now, the Gold price fall down on friday from the resistance (recent high), which leads to the formation of Ascending Triangle pattern. Gold Price Rising Gold prices elevate as Joe Biden spending plan ... Read more