Gold Breakout Due Anytime Now

2020년 9월 11일

Two favourable time period for a breakout in GOLD are 14 September and then 21 September.

There is no preference on the two, but I'll be watching both.

Obviously, a break below the pattern would typically be bearish, while a break above would be bullish.

Right now, I'm probably favouring the bearish side. But we will let the market guide us from here.

2020년 9월 21일

노트

The market turned on the 21st. This was a bearish move forcing the price of gold to fall below the pattern. We now watch and wait for 2 scenarios to play out.

A move back into the price range of the pattern. Or a move into a double bottom.

I still favour the downside right now.