xAB777

XAUUSD POSSIBLE BULLISH MOVE

Long
EIGHTCAP:XAUUSD   Gold Spot / U.S. Dollar
hello traders gold formed an inverted head and shoulders on a resistance that turned into a support after the break out .

if the price manages to break above the yellow zone we might see a possible bullish continuation.

RSI is also giving bullish reversal divergence.
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.