TimZhang

See if this pattern plays out on gold.

FX:XAUUSD   Gold / U.S. Dollar
257 6 10
Same percentage drop same pattern formation, would Gold             drop 11.5% 150 points to 1150 from 1300. We will see if this pattern works the way it is.
Wow they do look alike
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Hope it happens. :-)
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Added trendline, POC, indicators on my next chart.
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This pattern was first recognized 3 weeks ago around 1290 and keeps developing:
Any similarities?
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Then the pattern was more clear 9 days ago:
Would this gold pattern repeat?
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Trendline and POC:
POC is 1234, bottom value area is 1160, indicators are down
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