Gold Spot / U.S. Dollar
Short
Updated

GOLD - 1365-70 big break point.

158

i.imgur.com/K20AgCz.png

GOLD weekly - While we held nicely to the resistance - only a break and a closes under 1290-93 would suggest a top even be a temporary is in.
Note
Impending H&S Scenario on 8 hr GOLD..

1303-04 looks to be.. That's possible neckline of the H&S.. We can retrace back towards 123X.. However if this does break under 1300-03 - then 1280 followed by 125X be tgts thereafter..

i.imgur.com/ZVgVRHX.png
GOLD 8 hr - Possible Neckline of the H&S towards 1303-04 zone..

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.