Gold Breakout Due Anytime Now
Aktualisiert
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.
Anmerkung
The market turned on the 21st. This was a bearish move forcing the price of gold to fall below the pattern. We now watch and wait for 2 scenarios to play out.A move back into the price range of the pattern. Or a move into a double bottom.
I still favour the downside right now.
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