Get started
jahhlee

XAAUSD - Inverted Head and Shoulders or something else?

Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
jahhlee Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns
6
0
trendanalysis chartpattern
Right now, Gold is in a square, but it looks like it could also be forming an inverted head and shoulders. We can wait for confirmation on which trend it will follow by seeing if it breaks the neck line of the head and shoulders or if it bounces off resistance of the square pattern.



What do you think? Like and Comment!
Trade closed: target reached:
GREAT TRADE!!
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.