XAUUSD - 1H Triangle

Is it a continuation? With symmetrical triangles on some occasions they give a fake breakout in one direction then tend to go the other way.

In this scenario, we're looking to short the market so we're looking for this to break to the upside and give a fake signal. We're keeping an eye on this.

Comment:

This fits in well with our 4H analysis from earlier this morning. A breakout to the upside and then a move down.