GOLD - Still On Track For Double Bottom

2021年10月18日

From our previous analysis, we were looking for price to create some sort of correction to take us down further and it appears we got that correction. Price made a parallel ascending correction which is often a reversal pattern. On higher timeframe we also have a descending trendline where price reversed from (See higher timeframe analysis below)

Will be looking for shorting opportunities but the main focus is on the double bottom where we are looking for buys.

Goodluck and trade safe!

2021年10月18日

註釋

12H

2021年10月19日

註釋

2021年10月19日

註釋

Nice move down from the fib zones

2021年10月20日

註釋