Conflicting Signals from Gold

Emas Semerta / Dolar A.S. (OANDA:XAUUSD)

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OANDA:XAUUSD Emas Semerta / Dolar A.S.

Given the strong reversal signal of the double bottom at what looks like the end of a parallel channel you'd think an upwards break out is achievable but over the past week this has been denied around 3 times.. Only time will tell if the Bulls have enough Steam to to make another run.

Komen:

Todays support appears to have been the neckline so I expect to see one last breakout attempt.

Komen:

Currently showing neither a bullish or bearish pennant, middle of the flag pole... neutral sideways movement perhaps but currently bouncing off e for upwards trend

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