triple bottom on daily. on the 4hr We got a bullish doji followed by a bearish pullback candle.came back down to support now looks to be gaining strength. Price is also respecting the 50 fib level which is trendline break support and yesterdays support. Smaller tf (15 min) looks to be making a price continuation pattern as its on a descending wedge on the 15min tf...
We see that gold is in a uptrend since
August 16th. Price has alo been respecting our ascedning channel. We have been steadily uptrend. Our current pattern is showing a bullish flag. Our weekly candle closed as an bearish engulfing candle. I am in shorts and holding until we reach the 1279.53. Looking for further downside so I can swing buy from the -27 fib area...
Thurd touch Of the descending trendline. price then came into a Rising wedge pattern. We then broke that pattern and retested it. I missed my sell entry at tghe break so ill wait for another retest to sell.
