Gold's contracting triangle ideas. 6/August/24

XAUUSD as price evolving after time passed, it's becoming clearer that Gold most likely forming a contracting triangle as blue highlighted area. P/s 2430 is multi confluence zone of 1) Trendline (red) 2) POV 3) VVWAP (Blue MA) 4) 4H O.B
contractingtriangleElliott WaveGoldPitchforksTriangleXAUUSDxyz3dtrading

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