Black_Draco74

Diamond reversal for Gold

SAXO:XAUUSD   Gold Spot / U.S. Dollar
Looking down @ 1490 for Gold if 1508 support doesn't hold. If 1508 support holds, diamond pattern has to be adjusted accordingly for possible continuation. For now it's diamond reversal pattern.
Comment:
Gold did a backtest back to the diamond pattern before resuming the drop.

Target 1508 support is hot. If this floor doesn't hold, looking down to 1490
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