FX:XAUUSD Gold Spot / U.S. Dollar
After yesterday's scare, Gold has given us an outside return back into previous structure highs. On the way we've happened to form an as well. I typically prefer deeper completing patterns, but even though this one is shallow, it goes with the underlying trend. Pattern traders can look for a move back down to that magical 1200 level, why trend continuation traders have the opportunity to use this as an entry reason to hop on a potential bigger move.
WEEKLY TRADING VIDEOS - FREE TRAINING - PODCASTS & MORE at