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Bear until proven bull

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Wider look at gold market approach.

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Technical levels and research giving approach to the market. RED LINES ARE HARD SUPPORT LEVELS. BLUE LINES ARE RESISTANCE. YELLOW LINES SHOW WEAK SUPPORT WITH POTENTIAL STRENGTH. CURRENT APPROACH 1709 SUPPORT- 1740 RESISTANCE if 1709 support is broken we have a clear pattern to complete the BIG M aka(double top) and range between 1660-1650. Let’s break 1700...

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Give your opinion

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Potential bear pattern. Breakout to the downside is support is broken. Take profit at 1710

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If we break out of that zone the best option is to take your profits off of the table and the last pivot point that touched line

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Head and shoulder pattern. Once neckline is broken we have potential breakout to the downside.