GOLD Eiffel Tower M pattern now complete

12 May

I have been posting gold charts since February 2024. Both Bullish and GTFO charts. See below.

This current setup has presented a great risk-reward setup.

1. GTFO still remains firmly in place.

2. The lower high M pattern could be setting up for a corrective bull flag for more upside.

If the Eiffel Tower plays out. You will not be involved.
If the corrective pattern plays out, you will have a clear, solid buy signal.

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2 Haz

İşlem aktif

As explained in the previous post, the M pattern turned into a bull flag, indicating more upside.



However, this does not alter the fact that the Eiffel Tower remains.

This is the beauty of BKC charting. You avoid all the risk and participate in the upside. Here is my initial post to GTFO back on April 16th ;)

Avoid risk maximize profits!