Gold has been forming a Symmetrical Triangle since July 2024.
The Uptrend Flag pole was established, followed by the constricted Triangle.
Now it's still early days, but the price could constrict further until it reaches 3/4s of the apex.
If theory speaks, then the price should break up and out of the Triangle which will take it to $2,789.
I want to be optimistic in 2025. And ONLY if the price breaks below the support, will it show a bearish nature.
Until then, golden balls all the way.
The Uptrend Flag pole was established, followed by the constricted Triangle.
Now it's still early days, but the price could constrict further until it reaches 3/4s of the apex.
If theory speaks, then the price should break up and out of the Triangle which will take it to $2,789.
I want to be optimistic in 2025. And ONLY if the price breaks below the support, will it show a bearish nature.
Until then, golden balls all the way.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.