Gold had a strong sell off in the last 30mins, then got stopped right at 1360. And on 1H timeframe, we can see it forms a small descending triangle, which can be bearish for gold, but 1360 big solid support makes me think it can go high again, or i'd say reload time for bulls.
Potential 2 ways to go:
1. we formed a solid double bottom, break the descending triangle and ready to push back up
2. double top, or descending triangle, or gartley, or a mysterious power that breaks the support.
who knows what's gonna happen, pay attention to the price action and here's your potato~
Potential 2 ways to go:
1. we formed a solid double bottom, break the descending triangle and ready to push back up
2. double top, or descending triangle, or gartley, or a mysterious power that breaks the support.
who knows what's gonna happen, pay attention to the price action and here's your potato~