Here we have some interesting PA with XAU possibly forming an Inverted Pennant (Continuation pattern), there lies geometry within for L1 to actually be the PA bottoming out and H1 to be the first point of a Pennant which ill post another analysis. silver had recently had a breakout from an inv pennant and returned to funnel potentially giving a second selling opportunity making me wonder wether this is also a INV set up
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.
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.