Previous chart i posted of the Cup and handle pattern:
After adjusting the upper descending trend resistance to channel through the tops of candles rather than through tops of the wicks, a retest of the handle support is evident.
Clear rejection with 4H wicks shown,...
- Previous analysis of Gold showed a possible double bottom forming:
- As Price Action has developed, a possible Complex Inverse H + S pattern may have formed with the double bottom pattern forming the "head"