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marazzaq62

Gold - Inverse Head and Shoulders may be in the making

Long
Gold (CAPITALCOM:GOLD)  
marazzaq62 Updated   
CAPITALCOM:GOLD   Gold
Chart Patterns
9
0
chartpattern
Gold looks to be in the process of making inverse head and shoulders pattern on 45mins TF.
Comment:
Price has reached our area of interest (support zone) and stage seems to be set for completion of inverse head and shoulder pattern followed by further growth ahead.
Comment:
Inverse head and shoulders pattern is completed as per expectation. Anticipating break out from this pattern after brief retracement.
Trade closed: target reached:
Gold has reached our target.
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