Inverse Head & Shoulders on Gold, Target $1,980
This looks like an Inverse Head & Shoulders pattern, reversing the prior downtrend and giving a target price of circa $1,980
Have annotated the main pattern constituents to try and clarify my interpretation
Have annotated the main pattern constituents to try and clarify my interpretation
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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.