GJ 1D we see some divergence being created , also it held above key support level around 141.401. Also we had impulsive move from 126.434 then correction then another impulsive. Price is correctly consolidating between channel 141.401 to 144.345
waiting for the break ofthe trendline. We see there was a complete Teacup pattern formed.
We want to see a continuation on the buy on the monthly timeframe, coming down to US Election the dollar gets weak.
We have a great tea cup pattern forming on the 1 day time frame, beautiful close on the 1 month candle
We see gold is within a range between 1477 and 1495 . We're waiting to see where price breakout from. Our predicted direction is long. Gold create a bullush pennant pattern on the 1 week.