theblessed
@t_theblessed
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theblessed
Due to the last week analysis gold experienced the heavy rise in the history ever into a new demanding and causing the buying controlling the markets price and due to the new zone reached this week the market open on the higher price than the closing price previouslyDue to this we are expecting the pull back of the gold to reach the last week price because now the buyers are starting to buy the gold due to the price dropping of the last week economic world events.once a new bullish candle opens on 2371.87 we are expecting the buyers taking the full charge of the market and we will exit in the new zone of 2400.00
theblessed
ASCENDING TRIANGLE PATTERNThe ascending triangle pattern is similar to the symmetrical triangle except that the upper trendline is flat and the lower trendline is rising. This pattern indicates that buyers are more aggressive than sellers as price continues to make higher lows. Price approaches the flat upper trendline and with more instances of this, the more likely it is to eventually break through to the upside As the buyers continue to gain the control of the market price. we expect a huge break out
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