There is nothing voodoo on this chart of gold

As you can see in the chart, trading inside the triangle was subject to randomness. I strongly believe any trades on direction were guessing. Patience is always worth the wait for an explosive pattern to develop in regards to trading opportunities. There was nothing random about the breakout from the constricting balance area/triangle on the one hour chart (left hand side). Notice how it was accompanied by a surge in volume. That is one nasty short squeeze. Measured rule target has not been reached yet of the triangle, but should it get nailed that puts gold back around $1650.

The coast is not clear in the intermediate to long term until the potential "Descending Triangle" pattern is no more.