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GWBFX
Feb 27, 2020 10:20 AM

GOLD forming a complex inverted H&S pattern! Long

GOLD / U.S. DOLLARICE

Description

Plan : key resistance breakout --> wait for price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar etc --> BUY

**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.

Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
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Thank you for your support ;)

GWBFX
Comments
ProjectSyndicate
USOIL/WTI 40% downside from here(NEW)
craigemm
Looks about right.

Nice succinct summary. No extraneous detail.

I concur with the main thrust of your thesis. Doesn't what pattern you call it XAUUSD is going to the Moon, soon enough.

Now I have a good entry position courtesy of your generous self GWBFX!

Cheers,
Craig
north01
completely wrong
PipHuntington1
Short to 1610 range.... then long, in need of correction before resumption of overall bull trend.
InvestingScope
Looks more like a Rectangle rather than an inverted H&S:

ANTONIOCU
Short.
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