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Bearish Symmetrical Triangle
was formed on 26.05 at 07:35:04 (UTC+0)
signal strength 3 of 5

Bearish Symmetrical Triangle GOLD M30

According to the chart of M30, GOLD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 3288.62/3347.68 and upper border is 3388.17/3347.68. The pattern width is measured on the chart at -9955 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and GOLD breaches the lower border, the price could continue its move toward 3347.38.

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