If this scenario is right;
the price must not exced 2011 highs,, if it does, it is either not a triangle or a much smaller one.
the price must not exced 2011 highs,, if it does, it is either not a triangle or a much smaller one.
It is important to remember that triangles are a corrective pattern that is formed before the last impulsive wave and right now gold is in that last impulsive wave of the smaller triangle formed from between jul-2016 to apr-2019
https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇🏻" title="Down pointing backhand index (light skin tone)" aria-label="Emoji: Down pointing backhand index (light skin tone)">
So, regardless if the scenario of the huge triangle (first tweet of this thread) is right or not, it is likely that the next wave will be down (bearish)