Hello traders once again. we see gold created an all time new high! for that being said we can see it 2 different scenarios playing out. We can see it as price made a new higher high and now we are looking for a higher low. Or its creating a H&S pattern where we still need the right shoulder to confirm this. I know this is the 6 month timeframe so this is long term analysis. drop a like if you agree. follow for more ideas. drop a comment if you see it playing out differently.
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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.