Gold Spot / U.S. DollarUpdated Daily Gold Chart H&S Pattern
If daily candle breaches lower support at 1480.00 it would search for next support at about 1437.
If the upper resistance is broken its likely for gold to target 1563.00.
If the upper resistance is broken its likely for gold to target 1563.00.
Note
Profit!Note
H&S Pattern is confirmed, gold should drop to about 1437 if not 1401!
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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.