JamesEvison
Long

GOLD - Inverse H + S Continuation pattern, Neckline @ 1510

TVC:GOLD   CFDs on Gold (US$ / OZ)
- As shown in the chart gold appears to be printing an inverse H + S pattern

- Due to the previous bull rally before it this pattern would be classed as continuation rather than a reversal pattern

- Neckline of the pattern well defined at the 1510 resistance level

- For this pattern to be valid price would need to break and close above this resistance level

- IF price were to break below the low formed by the second right hand shoulder within the pattern, then it would be invalidated
looks like true!
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As James sir said price has to break n close above, wait for the rise to come
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Price has been break 1510
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