PGOLD Descending Triangle consolidation

Puregold Price Club, Inc.

PGOLD is consolidating into a Descending Triangle pattern (bearish bias) after completing a Bearish 1.27AB=CD harmonic pattern.

*Immediate support area is around 42.90~43.35.

See previous analysis on the Bearish 1.27AB=CD harmonic pattern:

https://psetrends.blogspot.com/2017/02/pgold-looking-toppish.html

Trading Plan

- Avoid for now until the bearish bias pattern has been invalidated.