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tyler_sim
Feb 22, 2018 5:02 PM

Inverted Monthly Head and Shoulders in Gold Long

GOLD (US$/OZ)TVC

Description

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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