tyler_sim

Inverted Monthly Head and Shoulders in Gold

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
Definitely not the most obvious inverted HnS, but Gold still has taken that shape nonetheless on the Monthly timeframe. Will be on watch for a break and close above next key resistance level (red horizontal). Could see stocks and Gold appreciate hand in hand again, similar to the recovery after the financial crisis.
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