notice the 2 previous bearish cypher patterns. The 1st pattern of the (X) leg appears to be acting as support. I'm looking for gold to get above the 2nd bearish cypher pattern, and Test its X leg for support. If it hold then Im looking for gold to breakout again above $1800 and retest $1840-$1850 area The AD earlier this morning showed me an ascending triangle to $1840 area. I'm monitoring and do a position
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looking for that 2nd X leg to be support now
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price action today 8/11/22 created a potential inverted head and shoulders breakout that would lead us back to 1799.. Bears would need to invalidate 1785 on good volume to erase that possibility
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AD/Stoch RSI bottom where the right shoulder needs to be created on gold
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Gold prices will make you go crazy trading these ranges, monitoring the 30min bull flag