Gold Monthly Rising broadening pattern
With a massive move up in Gold since 2001, Looks like the bearish broadening pattern is taking shape. From the base of the pattern 2001 to the 2011 high point... A bearish move has potential to visit 900 or a deeper dive to 650. It may take some time but the pattern signals that bears are lurking around the corner.
Trade active
Trade still active and should still plummet in the future. (Patience is the factor in this trade).
•NYC Trader of 15 Years in the markets
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•NYC Trader of 15 Years in the markets
•Need Help Trading? internaltrader.com/helptrading
•Need Help Trading? internaltrader.com/helptrading
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.