Gold Spot / U.S. Dollar
Long

Gold- IMO, H&S will not pay off

2 541
Gold spent last week, excepting last Monday's spike up and quick reversal, in a consolidation/accumulation between 1820 and 1850.
In my opinion, the H&S visible on the chart will not pay off and I expect a continuation to the upside towards 1900.
I will look to buy dips and my zones of interest are 1815-1818 zone and 1825

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.