Black_Draco74

Diamond Reversal for Gold had again turn bullish !

SAXO:XAUUSD   Gold Spot / U.S. Dollar
What originally started as a reversal diamond pattern had now evolved into a continuation diamond pattern. What's more there is a Big Bull Flag that is being formed with 4 touches and Gold is now poised to make a big move upwards. Hope it pans out as envisioned.
Comment:
So we had a breakout from the diamond continuation pattern....Gold has to clear the top yellow rail of the big bull flag. Beyond 1547 and Gold see the sky, else it's back to the bottom yellow rail (1516) for more consolidation before the push upwards
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