FX.co ★ GOLD M5: Bullish Rectangle

According to the chart of M5, GOLD formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 2596.25 – 2596.25 and upper border 2600.55 – 2600.55. In case the upper border is broken, the instrument is likely to follow the upward trend.