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XAUUSD Gold Triangle Pattern and Short Opportunity

XAUUSD Gold Triangle Pattern and Short Opportunity

We have a triangle pattern on the H1 chart time frame.

Breakout of the triangle ( Closing below 1328 ) will carry the price 1320 and the target of the formation is 1308.

Stop Loss must be placed above 1.340

You can follow the idea:

https://www.tradingview.com/chart/GOLD/DYq84l1U-XAUUSD-Gold-Triangle-Breakout-and-Short-Opportunity/

DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.

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XAUUSD GOLD Triangle Pattern:  Involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility

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