Inverse H&S on Spot Gold Hourly

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
It has been observed that an inverse Head & Shoulder pattern has emerged on the Spot Gold hourly chart with a retrace back to the neckline which has held well.

Long Entry
: 1219.63

Target: 1258

Stop: 1198.92
Trade active