Gold Weekly Perspective - Buy Lower!
Updated
Potential AB-CD pattern in play along with Inverse Head & Shoulders with an ascending neckline forming. We were expecting weekly to close above 1270s since Yellen's dovish tone, however the bulls couldn't pass resistance levels and yet rejected 1270s/75s. Details on chart - We remain bullish and buying at major support levels, subject to PA on shorter TFs.
GL.
GL.
Note
Invalid...time to remap based on HHs...
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.