WACH CLOSELY THAT SGINAL ON BOLLINGER BAND WHEN PARICES SPIKE THE BANDS, IT USUALLY MEANS A REVERSAL SGINAL, SEE HOW THAT SIGNAL WAS EFFECTIVE IN MANY CASES AS SEEN ABOVE
I WROTE ABOUT THAT EXTENSIVELY EALIER ON 1/2/2021
WE CAN COMBINE THAT SIGNAL WITH OTHER SGINALS LIKE DIVERGENCE OR AN ELLIOTT PATTERN CAN BE COUNTED AS COMPLETE FOR GETTING MORE RELIABILITY
BUT LET ME SAY THAT SIGNAL IS IN AND OF ITSELF EXTERMELY POWERFULL
HERE ! WE HAVE THOSE SIGNALS (HIDDEN DIVERGENCE ON THE MACD, AND A HIGH PROBABILTIY THAT THE FOURTH WAVE HAS COMPLETED AT $1706) HOWEVER
GOLD SHOULD BREAK ABOVE $1815 TO ARGUE THAT THE CORRECTION IS OVER