The previous setup on Gold that was shared has not played out as thought.
There was no entry trigger which was a break below the support, but of course we didn't expect it to break right then and there, though it is taking longer than expected.
We see the chance of a double bottom bullish continuation playing out, but there is still a bearish continuation that I have drawn up.
There are 2 situations here and both marked up.
if price breaks above the major resistance then my confidence in buys will be restored.
There was no entry trigger which was a break below the support, but of course we didn't expect it to break right then and there, though it is taking longer than expected.
We see the chance of a double bottom bullish continuation playing out, but there is still a bearish continuation that I have drawn up.
There are 2 situations here and both marked up.
if price breaks above the major resistance then my confidence in buys will be restored.
