2 POSSIBLE OUTCOMES ON GOLD!!!
On this first idea it seems like we have a pattern inside the rising wedge pattern which is an ascending channel and that automatically tells me that we might grab liquidity at the 3rd touch of both patterns just above resistance zone (1828-1831) then shoot bearish to the nearest support zone (1783-1788) .
Second idea ,
the market might create a bullish flag pattern as sign of trend continuation and if that happens then first idea fails .
What do you think?
Second idea ,
What do you think?
Feragatname
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