Could be a great example of a pattern within a pattern. Counter trend ABCD long within the corrective pattern. Then, expect continuation short to longterm 'D' point.
XAUUSD
Note
I think this is the last pull back(1465) before short term continuation to 1480Note
Can you feel the PRESSURE? Gold went up to 1478. Now, Retesting 1465! Will it take off again to hit 1480 or was 1478 it? Is the short term move done and now the long term target in play?Portfolio Builders Club on You Tube
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Portfolio Builders Club on You Tube
youtube.com/@PortfolioBuildersClub
youtube.com/@PortfolioBuildersClub
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.