It seems like a descending triangle happens and XAU/USD requests a move to confirm descending triangle breakout.
A descending triangle often identifies extending an uptrend once price breaks out.
A rangebound towards the 2062 zone is likely to happen as XAU/USD resumes the upside.
Platin: Aufsteigendes Dreieck
XPT/USD,
1 Stunde
LONG
Feb 23
An ascending triangle takes place, the price calls for a next active impulse up for the certainty of breakout.
An ascending triangle can be thought of as a pattern that typically results in a bullish price move when price breaks above resistance.
There is a probability of a bullish push up to the 910 level once beyond 908 amid XPT/USD reclaims part of the ground lost.
Gold: Absteigendes Dreieck
XAU/USD,
1 Stunde
SHORT
Dez 8
A descending triangle has been determined, XAU/USD requires next pullback for the certainty of breakout.
When price breaks down, the move could identify that the price to go short.
A rangebound to 2044 is likely on a breakout of the descending triangle.
Silber: Wimpel
XAG/USD,
1 Stunde
SHORT
Mär 7
The price composes a pennant, the price is ready to break out.
Once price breakdown occurs, the move could spot a sharp decline.
XAG/USD set to extend its decline towards 21 amid rising bets for the move.
Silber: Absteigendes Dreieck
XAG/USD,
1 Stunde
SHORT
Feb 22
It looks like a descending triangle takes place, the price lacks a bigger correction as proof of a breakout.
A descending triangle suggests a bearish price formation that can be used to identify a move down if price breaks below support.
It is possible that corrective downside to 22.85 will occur on a breakout of the descending triangle as upside pressure alleviates.
Gold: Rechteck
XAU/USD,
1 Stunde
SHORT
Feb 22
A rectangle has been exposed, the price breaks out now.
A rectangle often predicts prices are likely to keep falling downward when price breaks through the support.
XAU/USD to nosedive towards 2032 on a breakout of the rectangle.
Platin: Absteigender Kanal
XPT/USD,
1 Stunde
LONG
Nov 26
A descending channel happens, the price is close to breaking out now.
Once price breaks out, the resulting move could spot a bullish price action.
Platinum to continue higher to 1570 on a breakout of the descending channel as there is room for a upside correction.
Silber: Absteigendes Dreieck
XAG/USD,
1 Stunde
LONG
Jul 12
A descending triangle is close to being done and the price requests an active bullish move to confirm a breakout.
A descending triangle provides a useful price action pattern that spots that the price to go up once price breaks above resistance.
XAG/USD to move upward towards the 23.5 zone as XAG/USD resumes the upside.
Gold: Absteigender Kanal
XAU/USD,
1 Stunde
LONG
Mai 1
There is a descending channel detected.
A descending channel provides a reliable indicator that typically identifies a next move up if price breaks above resistance.
XAU/USD to peak to the 2005 zone on a breach of 2003 amid XAU/USD reclaims part of the ground lost.
Gold: Bärische Flagge
XAU/USD,
4 Stunden
SHORT
Feb 12
XAU/USD composes a bearish flag, XAU/USD demands more active push down to confirm bearish flag breakout.
A bearish flag represents a specific price action indicator that is used to signal a bearish price move if price breakdown occurs.
XAU/USD to suffer a steeper decline to 2035 as bears looking for downside correction.
Brent Oil: Absteigender Kanal
UKOIL,
1 Stunde
LONG
Feb 21
As we can see a descending channel develops.
When price breaks above resistance, the resulting move could predict a move up.
There is a chance of a rangebound towards 83.5 as UKOIL nears 82.9 hurdle.
Silber: Rechteck
XAG/USD,
1 Stunde
LONG
Okt 20
There is a rectangle materializing and the price breaks out.
A rectangle tends to be a bullish price pattern that spots a sharp rise if price breaks through the resistance.
A bullish price action to 23.3 is on the cards.
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