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Gold-futures

Double Gartley pattern in Gold??If Two Gartley patterns can intersect, like they do on this chart, Then I think the second Gartley pattern is ready to give us a nice extension. The first Gartley pattern, starting at the end of June 2013, extended beautifully from late December 2013 into mid March 2014. This same extension leg (indicated by first red dotted arrow) is also the XA leg of the current pattern which if correct, is due to extend any time now. It could go a bit lower, but not below the X point at 1281.4 from Dec 31, 2013. We are very close. The second red dotted line shows the probable extension. It could go even higher.
COMEX:GCZ2014
by catherine.bath
2
Gold watchGold presents very interesting pattern on daily charts. There is a clear pennant formation on a downtrend. Pennants are continuation patterns. So a break to the downside could take this down to 1150 levels relatively shortly. There are fundamental aspects that would support this move too. With the US on mend and Euro area in tatters, strengthening on USD would be in order. That should take gold down. At this point it is wait and watch but one shouldn't miss this beautiful opportunity.
FX:XAUUSD
by Kaustubh
GC_F daily-Big reversal in Gold today but still in trading range* Price hit the extension of the neckline from last year's large head and shoulders pattern and reversed almost to the penny. * Price is still in a broad range area that may prove to be choppy. Trade the range until a trend is determined. * Until price can break above the neckline extension trend line or break down back below the red descending trendline there is no long term trend determined yet. Price is still technically in a downtrend.
COMEX:GC1!
by MaxxPayme
13