H & S in Glod?
Updated
I think in Gold market Head & Shoulder pattern is forming, so we need to be ready to enter a long trade after neckline breaks (also there is a good resistance at @1478 area which price will test it) and price has potential to touch @1493 area which is a Resistance zone
What do you think?
leave a Comment
What do you think?
leave a Comment
Note
I think Gold is forming a rising wedge, so as at the end of the wedge price will fall I suggest close trades with profit around @1474 area
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.