Gold: Still H&S, But Watch Out For The Bulls!

Hello dear precious metals friends, hope you're doing well guys! ;) Gold is currently essentially tightening between 1490 and 1510: We still have a Head & Shoulders pattern potential, but we have no confirmation aka breakout yet. => Therefore the bulls could still see some bounce going on from here. As a trader, you can play in both directions, no matter how we break. A break to the upside could lead to a Cup & Handle, or further tightening Equilibrium. Have fun watching and enjoy your weekend! ;)

Greets, Deniz from Edgy

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