Gold Spot / U.S. Dollar
Long
Updated

Gold Inverted Head & Shoulder Pattern

165
Hi Traders looks like we have found an inverted H&S...forming on the hourly TF the neckline has been broken and looks like price is retesting new support, bullish candlestick pattern will trigger our order. Take Profit is projected according to our 25 Daily Moving average as our Take Profit Level.
Trade closed: stop reached

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.