Gold has now completed the original idea. I'm still yet to take a position as other Technical Chart Patterns developed. (Patience is a virtue)
Gold is currently forming into a Head & Shoulders chart pattern, which is on track to consolidate around 1717 - 1723 before breaking back down to the 1680s. I then expect price to complete its right shoulder and continue pushinging up towards .618 before re-testing 764 to 'finally' breakout.
Gold is currently forming into a Head & Shoulders chart pattern, which is on track to consolidate around 1717 - 1723 before breaking back down to the 1680s. I then expect price to complete its right shoulder and continue pushinging up towards .618 before re-testing 764 to 'finally' breakout.
