XAUUSD TRADE IDEA! H4 CHART FORMING SYMMETRICAL TRIANGLE PATTERN
Good day traders! Hope y'all are having amazing day and doing well in trading!
Recently gold has been traded in consolidation. Under h4 timeframe, it has formed symmetrical triangle and a break of either sides (up or down) will be exposed to a great momentum.
To be safe, investors are advice to sell after gold price drop below 1900, or, investors are advice to buy after gold price rise above 2016. In general, investors are advice to trade after a break of this symmetrical triangle pattern.
Hopefully this trade idea helps in your upcoming trade and planning. Trade wisely and happy trading!
Recently gold has been traded in consolidation. Under h4 timeframe, it has formed symmetrical triangle and a break of either sides (up or down) will be exposed to a great momentum.
To be safe, investors are advice to sell after gold price drop below 1900, or, investors are advice to buy after gold price rise above 2016. In general, investors are advice to trade after a break of this symmetrical triangle pattern.
Hopefully this trade idea helps in your upcoming trade and planning. Trade wisely and happy trading!