GOLD (XAUUSD): Classic Bullish Pattern
📈Gold has created a well-defined inverted head and shoulders pattern at a significant horizontal support level.
The breakout above the neckline of this pattern is a significant bullish indicator.
It is likely that there will be a pullback to the range of 2430-2440.
The breakout above the neckline of this pattern is a significant bullish indicator.
It is likely that there will be a pullback to the range of 2430-2440.
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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.