Gold Holds Multiple Triangle Breakouts on Daily Chart

⬤ Gold's been sticking to a pretty clear playbook lately—forming symmetrical triangles on the daily chart and then breaking higher. According to @GoldPredictors, this pattern's been playing out consistently. Price squeezes into tighter ranges, then pops through resistance and takes off. The chart shows several of these triangle formations that all led to sharp rallies, so it's definitely worth paying attention to.

⬤ Looking back at earlier moves, gold would spend weeks compressing between converging trendlines before finally breaking out with real force. After the last breakout, it shifted into an upward channel and kept making higher lows. That tells you buyers are staying active rather than just chasing quick pumps.

⬤ Right now, gold's consolidating just below recent highs while holding above previous breakout zones. Price already pushed through the latest triangle's upper boundary, and there's room for more upside if momentum picks up. What's encouraging is that pullbacks after breakouts have been controlled—no panic selling during consolidation phases.

⬤ This matters because when triangles keep working this cleanly, it usually means the trend has real legs. Gold's holding former resistance levels and building higher bases each time, which keeps it front and center during uncertain markets. If this pattern continues playing out like before, the next breakout could carry even more punch.