WEEK CHART WITH PIN BAR PATTERN
GOLD HOUR CHART
- Gold weekly chart is showing a pin bar candlestick pattern. Pin bar is one of the reliable candlestick patterns.
- This weeks correction is followed by the occurrence of the pin bar weekly candle at the top. The correction may stop at the weekly trend line. Break of the trend line will deepen this correction.
- 2nd chart shows the hour chart in down trend. Price breaking down support levels one after the other.