Interesting pattern. Is gold close to a big move?
GOLD (US$/OZ) TVC:GOLD
Downward point triangle indicates downward pressure, followed by a reversal in trend and a large upward correction.
Similiar longer term pattern in playing out with large downward pressure, followed by a reveral in trend and large upward correction possible to follow?
However first Gold must not break the upward supporting trendline otherwise this idea is void. See linked idea below.