Gold: All That Glitters Is....Patterns? Here's What You Missed

Pattern Power! That's all can say! If you doubt how well they work, then just look at the above chart. These were't plotted after the fact, folks! I've been tracking these patterns as they happen. But they are all telling the story of the bigger picture, if you know what the chart is telling you as well. Here's what you missed:

Completed Butterfly (light purple): Dropped over +550 pips after
Completed Crab (biege): Dropped +360 pips after
Complete Bat (dark purple) + Completed Crab (green): currently has dropped over +360 pips

Gold has been on quite run for a long while. But recently, it's been under fire by both bears and bulls. Well, we all know what that means...consolidation! And that is what Gold has been doing for the past weeks. Since it's pretty obvious that it had been on a strong trend prior, then this consolidation must retrace that trend. Being that I see that previous trend as being a completed wave (3), then this consolidation is the wave (4).

There's more to come folks! And the chart has already spoken! All you need to do is listen!

There's A LOT more like this available to my subscriber's. Want it? Come get it: goo.gl/qRNGsF

*DISCLAIMER:
Please keep in mind that I am not giving any trading signals or trade calls here. Only providing my own trade thoughts for your benefit and insight as to my trading technique and style. Please don't ask if you should or should not take the trade or ask for stop loss and take profit levels. Any SL or TP given on my trades are my own I have used for my trade and are not recommendations for you to use. If you are not sure, then you do not have a trading plan for yourself in place. I suggest you make one before you continue to do any trading!

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