Gold (GBP) daily- Up Channel, within Upchannel. Futher deatils about Up and Down channels: thepatternsite.com
Gold (AUD) daily- Ascendin' Broadenin' Wedge(ABW) inside another ABW!
Gold (AUD)- Simple UpTrend support. Short term bullish.
Gold (USD) daily- Ascendening Broadening Wedge (ABW). A real possibility of reaching for the bottom of the ABW trading range.
Gold (AUD) daily- Clear downward breakout from Ascending' Broadening Wedge (ABW). Price target is horizontal red line. Temporary relief at purple UpTrend line. Regarding the 52% of ABW that break out downwards. 81% of those act as Reversals of the prevailing trend- Thomas Bulkowski. thepatternsite.com
Gold (AUD) daily- Downward breakout from Ascendening Broadening Wedge (ABW). 81% of AWB breakouts occurs in the direction leading up to the ABW. However, this is that 19% of cases. Note: We are at Oversold RSI's under 30. History shows, when the RSI hits these levels, usually prices bounce back up.
Gold (AUD) daily. Symmetrical, ascending, fallin' wedges. However, bullish uptrend intact. With unprecedented Unlimited Fed QE , expect a big rally in Gold and Silver over the next 3 years (as occurred after the great Fed QE from 2008-11).
Gold (AUD) Daily- Symmetrical Triangle inside a Ascendening Broadening Wedge. thepatternsite.com thepatternsite.com
Gold- Symmetrical triangle, within a larger Broadening Top. Symmetrical Triangle- Has a 60% of Upward breakout, 40% chance of downward breakout. thepatternsite.com Broadening Top- Has a 61% of Upward Breakout, 39% chance of downward breakout (Thomas Bullkowski) thepatternsite.com
Gold (AUD) Daily chart- Ascendening Broadening Wedge.
Gold (AUD) daily chart- Following orderly uptrend. Yellow line- 20 day simple MA.