Biconomics

Gold's Cooking some Inverse Head and Shoulder at the moment

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello Traders I wish you for a very good day! Here I update all my trade plans and setups based on technicals while nothing in here shared as a trading signal. So take them at your own risk. All these remains as just a prediction until we meet with the required criteria. Best regards!

Gold printing a new inverse head and shoulder for a while which unclear in short time frames and clear only on 4h at the moment. All we need is a perfect breakout through the trend line and also on the neckline. 1652 to 1655 is a very strong level held unbroken. So we need to check with the relevant criteria to meet up accordingly to enter a long position.

Leave me a message on TradingView for other trade related services. Thank You!
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.