GOLD: Penguin Pattern suggesting A Big Breakout 🧙♂️
Hey, amazing TradingView community! XAUUSD has formed a descending triangle (beak) that is almost ready for a breakout. It's more likely that Mr. Penguin is going to dip down in the ocean for some fish at around 1805 levels. However, if USD weakens within the next few days we can see gold coming back to some old glorious zones.
Safe trades, my friends! It's okay to have fun sometimes!
P.S Bonus points if somebody tells what type of penguin is this and why :)
Safe trades, my friends! It's okay to have fun sometimes!
P.S Bonus points if somebody tells what type of penguin is this and why :)