Hello Traders,
Gold chart worth a look!,
Points to consider,
- Very Key Technical Resistance has been broken
- Confirmed pattern of the Inverse head and shoulders
- Target for this pattern would be around $1547
- RSI has clearly broken it resistance
- A retracement to at least the golden fib lines are highly probable
.5 @ $1430
.618 @ $1586
What are your thoughts on current price action of Gold?
Please leave a like and comment :)
Gold chart worth a look!,
Points to consider,
- Very Key Technical Resistance has been broken
- Confirmed pattern of the Inverse head and shoulders
- Target for this pattern would be around $1547
- RSI has clearly broken it resistance
- A retracement to at least the golden fib lines are highly probable
.5 @ $1430
.618 @ $1586
What are your thoughts on current price action of Gold?
Please leave a like and comment :)
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Join the Free Trading Group
Telegram: t.me/freetradingden 🔥
Unlock Blofin Bonuses
Trade with perks & support the community!
partner.blofin.com/d/alchemisttrader 🎁
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Telegram: t.me/freetradingden 🔥
Unlock Blofin Bonuses
Trade with perks & support the community!
partner.blofin.com/d/alchemisttrader 🎁
Stay sharp, trade smart.
— Team The Alchemist ⚔️
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.