Two favourable time period for a breakout in
GOLD
are 14 September and then 21 September.
There is no preference on the two, but I'll be watching both.
Obviously, a break below the pattern would typically be bearish, while a break above would be bullish.
Right now, I'm probably favouring the bearish side. But we will let the market guide us from here.
GOLD
are 14 September and then 21 September. There is no preference on the two, but I'll be watching both.
Obviously, a break below the pattern would typically be bearish, while a break above would be bullish.
Right now, I'm probably favouring the bearish side. But we will let the market guide us from here.
A move back into the price range of the pattern. Or a move into a double bottom.
I still favour the downside right now.