What Happens in XAUUSD after a Falling Triangle Chart Pattern in XAUUSD?

A Descending triangle chart pattern setup is a bearish continuation pattern - This is a market signal which highlights the current trend is taking a break before resuming the current down ward direction of the market xauusd.

If the Falling triangle downwards continuation pattern forms it signals which the market is taking a pause before resuming the current down ward trend. The Falling triangle continuation pattern in a downward trend is known as a falling wedge which signals that the price is consolidation but keeps moving lower and lower forming a chart pattern setup which resembles a falling wedge. Traders should wait for confirmation of this Falling triangle chart pattern setup before opening a trade based on this bearish continuation pattern. Once there is a trading price break out to the down side then the Falling triangle continuation pattern is confirmed and trading prices will then continue to move in direction of the current down ward trend.