2:34 PM · 20 August 2025

GOLD gains 0.7%📈Ascending triangle pattern?

Gold gains almost 2% today, forming an ascending triangle pattern, signalling strong demand and market appetite on trend continuation. Trump signalled today on Truth Social, that Fed member, Lisa Cook 'must resign, now' which is a clear signal for markets, that the 'war' between US president and Federal Reserve is far from the end, pressuring US dollar and increasing appetite on 'safe haven' assets. The US dollar (USDIDX) weakened after Donald Trump remarks.

GOLD (D1 interval)

As we can see below, the GOLD is forming ascending triangle - the technical pattern, which usually signals attempt for trend continuation. The major supply zone is set near $3430 per ounce.

 

Source: xStation5

22 July 2026, 4:45 PM

Cocoa loses 5% amid rising inventories on ICE

22 July 2026, 4:18 PM

Oil gains 3% amid US - Iran escalation and supply disruption on the Black Sea

22 July 2026, 3:41 PM

🔼 Gold gains 1.7%

22 July 2026, 11:28 AM

🛢️Brent Crude Oil Tests $95 per Barrel

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits