AlgoVenture

Gold Bear on Gartley

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FX:XAUUSD   黃金現貨 / 美元
Gold is on a rush since a double bottom was formed around 1310, and it was sent further after a XABCD in the 30 minutes timeframe where D is at 1324.8, which I did a long and it's running over 100 pips.

All this movement could be caused by the very reason that a gartley is in its completion. And now that the price has overcame B, we will soon see D at XA 0.786.

Looking backwards on 19th Feb, we can also see a dispute between the bulls and bears, and thus the sell zone.
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