Gold is making a head and shoulder bottom. A break above 1900 and I will go long.
Platinum is forming a rectangle between 1000 and 1050. I will either go long or short depending on its break.
Same with palladium. For this market, I have a bullish bias. In other words, I would rather be long than short.
I got stopped out of the pound this week. My rule allows me one more shot.
The weekly pattern shows this pattern has not been negated.
The problem is where do I enter. Looking at the daily chart I do not see a good entry point with a well defined stop to place.
If I get a clean break above 1.36, I will go long. Support level 1.34 also looks like a good entry point.