Failed bearish Shark Pattern, Gold poised to rise further?

FX:XAUUSD   Gold Spot / U.S. Dollar
Gold             completed a bearish shark pattern in mid May 2016.

Price reacted to that level.

1 month later, this level is retested and broken above.

Price action in the next few weeks is very important.

Any further strength, we could see Gold             back at 1350 or higher.

Any steep drop back below 1280 could prove the validity of this pattern and we could see Gold             trading below 1280 again.

Multi market analysis tells me that that Gold             should go higher.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out