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)
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
✅ 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)
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.