Santosh_A_Chavan

GOLD Inverse Head and Shoulder Pattern - Short Term 2 -3 months

Long
MCX:GOLDM2!   Gold Mini Futures
Gold is forming a Inverse Head and Shoulder Pattern. Once the neckline s broken we can see a surge in gold price.

Entry:- 48700 - Buy after neckline breakout ( should happen around 48600-48900 range)
SL :- 47200
Target:- T1- 51500 , T2- 53200

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.