Ouro/Dólar Americano
Atualizado

GOLD - Still On Track For Double Bottom

1418
From our previous analysis, we were looking for price to create some sort of correction to take us down further and it appears we got that correction. Price made a parallel ascending correction which is often a reversal pattern. On higher timeframe we also have a descending trendline where price reversed from (See higher timeframe analysis below)

Will be looking for shorting opportunities but the main focus is on the double bottom where we are looking for buys.

Goodluck and trade safe!
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12H snapshot
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snapshot
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Nice move down from the fib zones

snapshot
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snapshot

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