Gold (XAU/USD) Bull pennant 15 min
Gold line = the pattern's swing points; gold box = the confirmation candle; coloured lines = target and invalidation; blue = confirmation price.
Bull pennant: Active
Last 3,959.35, 0% of the way to target (target is 0.58% from confirmation).
What this tells you
A sharp rise followed by a small converging triangle; an upside break usually continues the rally.
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Swing points
| Point | Time UTC+8 | Price |
|---|---|---|
| Pole base | Nov 02, 21:00 | 3,896.29 |
| Pole top | Nov 02, 22:45 | 3,966.29 |
| Pullback low | Nov 02, 23:30 | 3,950.36 |
| Confirmation | Nov 03, 00:30 | 3,963.81 |
Recently closed Bull pennant patterns: 8 in total, 5 reached the target first (62%), 3 were invalidated and 0 expired (small sample). Results by pattern →
Chart patterns are technical reference points, not trade recommendations. Past results do not guarantee future outcomes; trading involves risk.
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