FTE1995

GOLD - Double bottom forming at bottom of desc wedge?...

Long
TVC:GOLD   CFD sur Or (US$/OZ)
- In my previous analysis of gold, I beleived it may be in the formation of an inverse H + S formation
- The second shoulder being formed within a descending wedge bullish formation
- At the bottom of this descending wedge a double bottom bullish reversal may have formed on the 15 minute timeframe
- The second shoulder being formed within a descending wedge bullish formation
- At the bottom of this descending wedge a double bottom bullish reversal may have formed on the 15 minute timeframe
- Neckline of this pattern is @ ~ 1221
- This level would need to be broken as well as the upper resistance trend-line of the descending wedge pattern to confirm a
bullish breakout

THIS IS NOT TRADE ADVICE
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.