swinger

Threee Drives again or CUP?

swinger Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
After my previous 3 Drives pattern (www.tradingview.com/...V8aA0x-Three-Drives/) works, This might be another 3 Drives pattern. It is really 50-50 where Gold can go now. We can go with either CUP pattern, which it can run to 1172 and possible a run to see 12xx handle or break 1146, go with 3 Drives pattern, and get a chance to see 2016 low again.
Comment:
If gold stay above the mid channel, it can form that cup handle, and shoot up to 1200.

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