Head & Shoulder in Gold Long

GOLD / U.S. DOLLARICE

Description

⋅ Dec 2, 2020 8:17 AM

International Gold , XAU USD has formed an inverted head and shoulder pattern on the hourly charts.

Break out awaited.

Upon break out Gold can touch 1850 - 1870.
Trade as per price action.

Trade active

⋅ Dec 3, 2020 8:18 AM

From 1820,
XAU USD has made high of 1843.75 till now.

Moving as anticipated.

Comments

CRYPTOKING4U

⋅ Dec 3, 2020 11:43 AM

Draw the pattern..!

TAGaganDeep

⋅ Dec 3, 2020 1:36 PM

@CRYPTOKING4U,
Resistance line for the pattern authenticating breakout already drawn.

See the blue horizontal line on the chart at value 1818.23

Now its not possible to draw pattern on the same chart i will have to do another post.
Really sorry i forgot at that time.

CRYPTOKING4U

⋅ Dec 4, 2020 12:58 PM

@TAGaganDeep, OK.

CRYPTOKING4U

⋅ Dec 2, 2020 3:57 PM

at least you had to drew the pattern...