logo

FX.co ★ GOLD H1: Bullish Rectangle

GOLD H1: Bullish Rectangle

Bullish RectangleAccording to the chart of H1, GOLD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 2641.32 and support 2618.36. In case the resistance level 2641.32 - 2641.32 is broken, the instrument is likely to follow the bullish trend.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
Go to the patterns list Go to graph