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CFDs on Gold (US$ / OZ)
Long

Inverted Monthly Head and Shoulders in Gold

187
Definitely not the most obvious inverted HnS, but Gold still has taken that shape nonetheless on the Monthly timeframe. Will be on watch for a break and close above next key resistance level (red horizontal). Could see stocks and Gold appreciate hand in hand again, similar to the recovery after the financial crisis.
tyler_sim
Bullish PatternsChart PatternsCommoditiesGoldhnsInverse Head and ShouldersinvertedheadandshouldersSPDR S&P 500 ETF (SPY) Trend Analysis

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.
Bullish PatternsChart PatternsCommoditiesGoldhnsInverse Head and ShouldersinvertedheadandshouldersSPDR S&P 500 ETF (SPY) Trend Analysis
tyler_sim

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.