Gold just broke out of a minor trend in the lower time frame. It then made an ABC correction and retraced at 61% of our fib retracement.
gold also formed a double touble pattern and is currently retesting the neckline.
It has not broken the overall trend as yet as it is still ranging in the triangle.
gold also formed a double touble pattern and is currently retesting the neckline.
It has not broken the overall trend as yet as it is still ranging in the triangle.
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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.