PMGOLDWave B with an expanding triangle is forming. It has broken out of the triangle pattern with a good volume. THE MARKET STOP WHEN IT HIT THE UPPER TREND LINE.
RSI and MACD looks good.
PMGOLD trade ideas
PMGOLDAfter the wave B correction, it is ready to go for another leg of wave c which is downward impulse.
*not a trading tips. wave count might be wrong
PMGOLD Daily- Gold ETF also forming a Symmetrical triangle. PMGOLD Daily- Gold ETF also forming a Symmetrical triangle.
Sometimes, the Gold ETFs form in advance a hint of technical insight ahead of the main underlying commodity- not this time!
