Interesting area for GOLD
As I've posted in my previous ideas, I remain bearish as long as we keep inside the falling channel in spite of this stunning price recovery of 50 bucks/oz on the strong 1680 area.
I have added a trendline to monitor different scenarios but in the range of 1730 t 1744 we will have strong pressure downwards.
Should you have some imagination you could even spot a cup and holder pattern, currently may be creating the holder part.
See you guys in the GREEN ZONE ;) Cheers
I have added a trendline to monitor different scenarios but in the range of 1730 t 1744 we will have strong pressure downwards.
Should you have some imagination you could even spot a cup and holder pattern, currently may be creating the holder part.
See you guys in the GREEN ZONE ;) Cheers
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