Wed, 30 Jun 2021 09:47:28 GMT
Gold breaks out of triangle
As expected, the yellow metal's price has broken out of the borders of the descending triangle pattern. It occurred in a sharp move to the 1,751.30 level. Afterwards, a retracement back up to the 1,765.00 mark occurred.
During the early Wednesday's trading hours, the pair had declined to the 1,755.00 level.
In the case that the rate declines, the 1.750.00 mark