Gold consolidates at the edge of the ascending triangle, preparing for its next move, while silver remains bullish above $37 and is consolidating to ease short-term overbought conditions.

Usually, the descending triangle is viewed as a bearish pattern. Its downward-sloping upper trendline, representing lower highs, indicates that sellers are progressively gaining strength.

Investment Ideas Stock Radar: Breakout from Symmetrical Triangle pattern could help Pennar Industries to hit fresh record highs; time to buy? Pennar Industries Ltd. recently broke out from a ...