RLinda Trading

Professional trader with more than 12 years of experience in Forex, gold and cryptocurrency markets, including work with various exchanges, brokers and market makers, a large amount of theoretical and practical knowledge. With these capabilities in mind, we offer you the best signal provider service. Best forex signals, crypto signals and accurate gold signals will allow you to become a winner in trading
R.Linda Trading - forecast

GOLD - Rising trend. Symmetrical triangle

GOLD Forecast
Gold is preparing to continue rising, which is hinted at by the symmetrical triangle formed on the uptrend. What's next?

The price forms a consolidation after the triangle breakout. That is, the pattern is testing resistance breakout. If the bulls hold the price above the triangle, we will see growth. The trend is upward, the metal is under the influence of positive fundamental futures , and therefore the market goes to 1959 for a strong retest of resistance.

I expect a successful breakout of triangle resistance, followed by a rise. My goals are as follows: short term target is 1940 resistance, medium term target is the 1959 liquidity zone.

Regards, R. Linda!