* Here We discuss about the "Small Triangle Breakout".
• Discuss:- If you look at the 2 hour chart, here you will see a small triangle pattern. If we think this triangle will make the first top breakout and according to Fibonacci rules, if 78.60% or 61.8% here makes way for this breakout bullish rejection, then the gold price touches this Fibonacci 78.60% or 61.8% level zone and the next bull market If the transfer to bearish market way occurs, the price goes down and the triangle breaks down with full force (large candlestick) breakout rule, then by this calculation we can expect the price of gold to fall between 23 to 49 hours in 1815 there will be possibilities.
• Structure :- Small Triangle Pattern Breakout + RSI + Fibonacci
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~ FX Analysis Team
