GOLD

58
For a shorter time in the H1 timeframe, the yellow metal revealed support from $1,900 and formed a complex inverted head and shoulders pattern ($1,902, $1,893, $1,900) that ended on Friday (broken the neck taken from the height of $1,913). While resistance is in play at $1,921, a break reveals the possibility of a run to the profit target of the inverted head and shoulders pattern at $1,933.

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