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Official_Piyath

Inverse Head & Shoulder on GOLD/XAUUSD

Long
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
Official_Piyath Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Technical Indicators Chart Patterns
3
0
trendanalysis indicator chartpattern
After I have analysed the market in various time frames, I have found out that Gold has been testing a specific level for some time, but could never believe to pass it. At this point the market on the weekly chart has started to form higher highs since 2016, forming a pattern know as a ascending triangle. These 2 patterns combined could mean a potential impulsive bullish breakout form.
snapshot
Trade closed: target reached:
Trade will continue go long until the minimum price objective is reached. Stay in the trade a bit longer.
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