GOLD - (ETF) - 3 Patterns in Play

٣٠ أكتوبر ٢٠١٨

The chart depicts 3 different patterns and along with the 50 and 200 MA makes support and resistance areas pretty clear. It is a wait and watch situation. I will wait for the weekly candle to close whilst my bias is a downturn to the $155 area and the 200 MA.