XAUEUR: BULLISH Inv. H&S FORMATION
Updated
The next strong upmove is in the making for XAU.
Here with this XAUEUR chart, you can see 2 bullish pattern formations: the green one is a nice symmetrically shaped CUP and the blue one is my expected accomplishment of the right SHOULDER of an INVERTED HEAD AND SHOULDERS. Both combined expressly underline my bullish price expectation for the next months.
Trade safely!
Here with this XAUEUR chart, you can see 2 bullish pattern formations: the green one is a nice symmetrically shaped CUP and the blue one is my expected accomplishment of the right SHOULDER of an INVERTED HEAD AND SHOULDERS. Both combined expressly underline my bullish price expectation for the next months.
Trade safely!
Trade active
A closer look on the daily chart. Waiting for the right shoulder to fulfil the bullish expectationsTrade closed: target reached
Right Shoulder made on the same price level as the Left ShoulderTrade active
EXPLOSIVE BULLISH GOLDEN CROSS near to be made on the daily chart.
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