$GLD Gold ETF Daily Chart
[[gld]], SPDR Gold Trust ETF
2-year daily chart of GLD, gold ETF.
- Inverse head and shoulders (bullish pattern)
- Also bullish is the symmetrical triangle, really looks a bit like an ascending triangle, which is a continuation pattern
Since these are fairly long-term patterns (not a month or two), I think they are more reliable.
Gold should break out soon.