Gold broke the neckline of head and shoulder pattern and is testing the neckline on the daily.
Note
Though the neckline broken don't initiate a short now as the dollar weakness continues gold may test trendline above around 1248-50 area.Note
Though the neckline broke prizes are retesting the right shoulder . Resistance area 1242-1254.
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.
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.