Double Bottom and RLCO Crossover: Gold is ready to Roll
Gold has formed a double bottom (higher low) on the 30 hour 2 STDV Bollinger band. In addition, in a configuration with a high rate of success with Gold (and ES, Bitcoin, but not most FOREX unless it's commodity associated FOREX like the Ruble, NOK, or MXN), the 10 hour regression line has crossed over the 14 hour 0.2 stdv bollinger band (an improved version of the traditional RLCO crossover system designed for shorter timeframes). The signs point to a breakout.