it went up with harmonic scanner and formed strong QML like Nas100 lets see how it behave
The Triple bottom on Gold means long term buy setup even though it will sometime to accomplish the whole impulse because of harmonics.
Double Top that confirms that bulls are being defeated by bears in this particular trend thus we gotta milk this new trend which is down trend bearish......
butterfly with fib retracement we wait for the retest and then we ride
It's a market structure that is powerful and winning in most cases , it is called Flag formation it's gonna drop exactly as it's pole's size of length... that's how the target is measured.
QUASIMONDO and a flag combination its already out on a flag and now its just about to breakout on the uptrend channel
flag is one of the most powerful market structure and in this case it occurs in a bigger time frame