There is a lot of talk that gold -0.44% will be down by the end of the year...
The picture shows XAU/USD on the 1D chart, a pervious and current trend channel, and a bullish butterfly.
Also, according to the RSI, there is a buying opportunity.
Short term reversal?
What does everyone think?
The measurements for a valid deep crab pattern are detailed below.
B: 0.786
C: 0.382 - 0.886
D: 1.618 - 2.24
X to D: 1.272
The picture shows XAU/USD on the 1D chart, a pervious and current trend channel, and a bullish butterfly.
Also, according to the RSI, there is a buying opportunity.
Short term reversal?
What does everyone think?
The measurements for a valid deep crab pattern are detailed below.
B: 0.786
C: 0.382 - 0.886
D: 1.618 - 2.24
X to D: 1.272