Running Triangle
A running triangle is a five-wave sideways pattern (A-B-C-D-E) where Wave B pushes beyond the start of Wave A. This is the key feature that separates it from a regular contracting triangle. The breakout beyond Wave A's origin tells you the underlying trend is strong. After the triangle completes, expect the final wave of the larger pattern to move powerfully in the trend direction. Running triangles are not common, but when they appear, they give a clear signal. You spot them when what looks like a normal triangle has a Wave B that exceeds the starting boundary. The remaining waves (C, D, E) still converge. They appear in Wave 4 or Wave B positions, just like regular triangles. The thrust out of a running triangle tends to be at least as large as the widest part of the triangle.
In an uptrend, gold enters a triangle in Wave 4 at $2,000. Wave A drops to $1,960. Wave B rallies to $2,010, exceeding the $2,000 start of Wave A. Wave C drops to $1,970, Wave D reaches $1,995, and Wave E drops to $1,975. The converging trendlines and the B-wave exceeding A's start confirm a running triangle. The measured thrust target is at least $50 (the widest part) above the breakout, pointing to $2,050 or higher for Wave 5.