I know I know it looks like a mess
It also looks liek it could be a head and shoulders
BUT
It's not.
'It's a bullflag, swith a steep falling wedge completing teh cycle ASAP before gold turns back up. HOw do I know? Look at the RSI- it's sitting on RSI30 on the W. That is an epoch turn.
ALso... its at the bottom of a channel.
Ou can see the two dominant gradients of teh chart. It's on one of them too.
I am breaking my average down rule, yes. Just a for a few sips.
It also looks liek it could be a head and shoulders
BUT
It's not.
'It's a bullflag, swith a steep falling wedge completing teh cycle ASAP before gold turns back up. HOw do I know? Look at the RSI- it's sitting on RSI30 on the W. That is an epoch turn.
ALso... its at the bottom of a channel.
Ou can see the two dominant gradients of teh chart. It's on one of them too.
I am breaking my average down rule, yes. Just a for a few sips.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.