Gold might continue the bullishness from 1600$

Gold is stabilizing above 1900 round figure. Looking at the Gold current pattern, it seems to form a 3rd Lower Low leg as it has broken and stayed above the current diagonal resistance line.

comparing this pattern to the last 2 ones, shows that Gold might repeat the same behavior and continue the Bullish patter that started from 1600, paused around 1800 and continued to 2000, moved back to 1900 and could go back to 2000 and above.

Keep an eyes on the daily close above 1930.

Kommentera:

Worked like a charm