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FX.co ★ GOLD M15: Bullish Rectangle

GOLD M15: Bullish Rectangle

Bullish RectangleAccording to the chart of M15, GOLD formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 2323.56 – 2323.56 and upper border 2336.13 – 2336.13. In case the upper border is broken, the instrument is likely to follow the upward trend.
The M5 and M15 time frames may have more false entry points.
*L'analyse de marché présentée est de nature informative et n'est pas une incitation à effectuer une transaction
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