GOLD 0.51% $1,391.7 gold futures

Gold Price - Charts and TA, page-4

  1. V*
    5,154 Posts.
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    there seem to be a few different opinions at the moment.

    -descending triangle on the daily - expecting a break lower once $1300 is breached.


    -bull flag on the weekly chart, estimated target up, I am not so sure about.


    -wedge awaiting breakout between the 2011 downtrend and uptrend started dec 2015.


    keen to see if this thick green line of said wedge,corresponding with the post brexit horizontal lows holds (double support converging by the looks of it).



    history repeating?


    any other thoughts or patterns detected?

    @cncventure - what are your thoughts at the moment? haven't seen you post in a while now. still bullish?
 
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