GOLD IN WAITING LOUNGE
GOLD made a high of 2685 and retracted from there. Currently forming symmetrical triangle pattern in 4hrs time frame
Within this pattern it can trade between 2634 to 2667
Looking for direction
Med term - Bullish
Very short term - Probability of limited downside to the tune of $100
Within this pattern it can trade between 2634 to 2667
Looking for direction
Med term - Bullish
Very short term - Probability of limited downside to the tune of $100
Note
Gold has invalidated this idea. Will set fireworks only if it manages to close abv $2684
This idea is closed
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