GOLD SELL TP_1762.80_6.62%_124.96pips_SL_1908.14_1.08%_20.38pips
GOLD BUY TP_1927.52_3.70%_68.78pips_SL_1842.81_0.86%_15.93pips
GOLD SELL TP_1755.36_8.97%_173.06pips_SL_1965.51_1.90%_36.67pips
GOLD SELL TP_1793.03_6.85%_131.84pips_SL_1949.50_1.28%_24.63pips
We can see here the behaviour of a political metal, anti-fiat proxy. Ten years of central & bullion banks manipulation. If it breaks, it could be a Rocket Break.
Fun With Gold ( 4h frame ) I'll re-open gold 2 weeks later, Let''s see gold can't break my high trendline. i see =PPPPPPPPPPPPPP It will check again high price or fall to 1600
Using trend breaks in patterns to confirm trend reversals gives analysts reassurance in pattern trading. In this example; extremities of the pattern were highlighted, and the most current trend within said pattern was drawn and will be used to confirm a reversal if/once broken.