looks like gold might be poised for a short term trend reversal looking at the inverse head and shoulders pattern, however at this point i dont have any other technical or fundamental signals to lend weight to this analysis so im keeping a neutral bias for now.
what i often do in these moments of uncertainty is set price alerts so whichever way price moves i can reassess the market, ive set alerts just below the right shoulder of the pattern at 2015 and another at 2055 incase of a strong move upwards which is what im hoping for.
what i often do in these moments of uncertainty is set price alerts so whichever way price moves i can reassess the market, ive set alerts just below the right shoulder of the pattern at 2015 and another at 2055 incase of a strong move upwards which is what im hoping for.