Clear bottom formation; GO LONG
- gold is in an uptrend so every correction is a buy the dip opportunity
- you can clearly see a breakout of the inverse H&S
- this recent move down is nothing more than a retest of the H&S as well as the 200d SMA
STRATEGY: go long here with a first target of ~1910 (june swing high) and a second target of ~1950 (jan swing high).
If you want to optimize this trade go for silver instead
- you can clearly see a breakout of the inverse H&S
- this recent move down is nothing more than a retest of the H&S as well as the 200d SMA
STRATEGY: go long here with a first target of ~1910 (june swing high) and a second target of ~1950 (jan swing high).
If you want to optimize this trade go for silver instead
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