GOLD 0.51% $1,391.7 gold futures

gold, page-77145

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    Descending triangle at the top?
    Broke that ST support but found some support off a KEY round 1700$ with a rejection pin bar. A bit of follow through price action today but heading into a resistance?

    A failure swing back up from here could see price continue to fall into the 'stronger support' and potentially making a H&S pattern? On the flip side with a tail wind (trend), a break of the resistance will potentially rest the top. Very  much dependent on the current bullish momentum on risk equity moves.

    Gold is diverging from risk currently.
 
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