Double bottom pattern forming, broken downwards trend line and made a new high
Price has reached a position which it has bounced off multiple times, forming a doji on the weekly chart also approaching the 200MA which it has rejected multiple times Divergent on the CCI indicator which also shows oversold I will look for reversal patterns before entering a buy
Broken a major support whilst rejecting a 200 ma with a doji on the say chart, tp on the recent lows
Failed to break the recent high, broken and retested the trend line + doji on the day chart which is rejecting the 200 MA
Break and retest if downwards trend line on a resistance plus daily doji
Theres a head and shoulder pattern formed following the whole uptrend move back to the trend line
On a resistance following a trend line and the continuing trend
The Price is now retesting a month long trend line which happens to sit on a strong resistance level, following the overall trend gives this trade a higher possibility of success
Gold seems to be trading in a range, the retracement at 1480 seems to be holding, if it breaks through the resistance at 1462, it will hopefully retest the bottom of the trend, which will be a good entry for gold bulls