Earlier today I was analyzing this idea, to not buy the gold
when everybody said it must be bought, but wait until the descending triangle
will complete and eventually a breakout to either side occurs. As awaited, the breakout came to the downside, urging for early completion of that Gartley pattern
presented in the chart below. Price action can very easy continue to the downside until the red arrow trendline
support is hit. I am waiting for a rally from there, but I really do not want to miss this one, so I got long at the completion of the Gartley
. Details of entry, SL and TP on the chart below.