Gold is at a double bottom after a big sell off.
It looks to have created a bear trap after buyers failed to fill the gap after double bottom.
If we missed the buying tail we can go long now with a stop just below the tail.
If buyers step in there is little resistance on the way up to the where the market gapped lower.
It looks to have created a bear trap after buyers failed to fill the gap after double bottom.
If we missed the buying tail we can go long now with a stop just below the tail.
If buyers step in there is little resistance on the way up to the where the market gapped lower.