FX.co ★ GOLD H1: Bullish Rectangle

According to the chart of H1, GOLD formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 4987.73 – 4987.73 and upper border 5085.98 – 5085.98. In case the upper border is broken, the instrument is likely to follow the upward trend.