Head and shoulders on Gold?
The S&P made a new all-time high but Gold is showing us an inverse Head and Shoulders pattern, indicating more potential upside pressure.
1240 is the level bulls have to watch since the resistance could easily turn into a place for sellers to get interested again.
The AUDNZD is following and showing a very similar pattern to the one on Gold.
1240 is the level bulls have to watch since the resistance could easily turn into a place for sellers to get interested again.
The AUDNZD is following and showing a very similar pattern to the one on Gold.
I have been trading for 15 years!
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> Trend Rider indicator: tradeciety.com/trend-rider-indicator/
> Free weekly trading webinar: tradeciety.com/webinar/
> Free blog: tradeciety.com/blog
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.
I have been trading for 15 years!
> Trend Rider indicator: tradeciety.com/trend-rider-indicator/
> Free weekly trading webinar: tradeciety.com/webinar/
> Free blog: tradeciety.com/blog
> Trend Rider indicator: tradeciety.com/trend-rider-indicator/
> Free weekly trading webinar: tradeciety.com/webinar/
> Free blog: tradeciety.com/blog
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.