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TheVortexTrader

UPDATE On Funky Head And Shoulders On Gold. Retest Confirmed!

Long
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
TheVortexTrader  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Gold longsetup invertedheadandshoulders targetprice
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trendanalysis chartpattern gold longsetup invertedheadandshoulders targetprice
*UPDATE Looking at the 4-Hour view on Gold, we see that we have a potential inverted head and shoulders pattern playing out.

We have seen a retrace to the neck zone (Labeled on the chart ).

As we are Breakout/Retest traders, we always always always like to see a retrace back to where the initial break out occurred from before we considered entering.

Now that we have seen our retest of the neck zone, I have opened a long position targeting 1810.4 as a target


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