Inverse Head & Shoulder on GOLD/XAUUSD
Updated
After I have analysed the market in various time frames, I have found out that Gold has been testing a specific level for some time, but could never believe to pass it. At this point the market on the weekly chart has started to form higher highs since 2016, forming a pattern know as a ascending triangle. These 2 patterns combined could mean a potential impulsive bullish breakout form.
Trade closed: target reached
Trade will continue go long until the minimum price objective is reached. Stay in the trade a bit longer.Disclaimer
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