Gold has broken out of the large down ward . I see current level as an area of resistance and an area for reversal. A harami candle stick pattern is an indication for short term trend change. Im looking at the pull back to find support at a of this last minor uptrend which lines up the breakout point of the .
Comment: The lower time frame set up here could still give me a 1385 target from the pendant pattern projection. Really wanted to see a deeper correction but don't want to miss the next leg up if it breaks from here. will update if I enter.
Comment: That was a key level thats just been broken
Comment: closed a little weaker then the bulls would have wanted. watching the 20ema (orange), if it breaks then will be looking to buy at 50ma (pink)
Comment: pull back to 50ma now closed above will buy again on confirmed break out.