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!
As James sir said price has to break n close above, wait for the rise to come
Price has been break 1510
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Help Center Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out