Gold Symmetrical Triangle could sky rocket the price to $2,789

Gold has been forming a Symmetrical Triangle since July 2024.

The Uptrend Flag pole was established, followed by the constricted Triangle.

Now it's still early days, but the price could constrict further until it reaches 3/4s of the apex.

If theory speaks, then the price should break up and out of the Triangle which will take it to $2,789.

I want to be optimistic in 2025. And ONLY if the price breaks below the support, will it show a bearish nature.

Until then, golden balls all the way.

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Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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