Update to 27/12 post - Gold Inverse Head & Shoulders
Updating my earlier TA on the Gold chart.
Following the Inverse Head & Shoulders set up, we now have an upside breakout from a Rising Wedge, arguably now a High & Tight Flag.
The $1,980 price target still stands.
Following the Inverse Head & Shoulders set up, we now have an upside breakout from a Rising Wedge, arguably now a High & Tight Flag.
The $1,980 price target still stands.
Trade closed: target reached
$1,980 reached
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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.