Symmetrical Triangle

١٦ فبراير ٢٠٢٢

We can see the configuration of a symmetrical triangle on the price of gold. An upward breakout is currently underway, volumes have been decreasing during the formation of this symmetrical triangle. A sudden increase in volumes remains possible, given the current context and the rather hawkish monetary policies of central banks which could promote a panic in the markets (already on the edge) and therefore encourage investors to buy gold !