Triangle Pattern

Stay in step with market opportunities and get insights, actionable trade ideas and dedicated support.

Sort by:

  • Newest
  • Popular
Research

Guide to TradingView charting tools

TradingView charts offer dozens of pre-designed indicators and drawing tools. Use this guide to learn about their full range of tools and grow your trading skills.

Gold consolidates near highs ahead of US employment report

Gold has been trading within a large triangle consolidation pattern for the past three weeks since it hit a one-year high at $1263 in mid-February. Price action within this consolidation has fluctuated widely between that $1263 high and a low at $1190 support. As characteristic of triangle patterns, the price range within has progressively tightened and converged to the point where a directional breakout has become increasingly likely.

Why trade with FOREX.com?

Tight spreads from 0.5 pts on FX and 1 pt on indices.


Award-winning platforms with fast and secure execution.

Course thumbnail of FOREX.com course:  What are commodities by FOREX.com

Open an account in minutes

Experience award-winning platforms with fast and secure execution, and enjoy tight spreads from 0.5 pts on FX and 1 pt on indices.

Trading view chart close-up