TradingView
FTE1995
Oct 22, 2019 11:35 AM

GOLD - Head and Shoulders break + retest of Neckline Short

GOLD (US$/OZ)TVC

Description

- As shown in the chart
Comments
cindyme123
Time to go long as gold break out of its flag pattern,.....
FTE1995
@cindyme123, have you looked at volumes/divergence/moving averages?...telling quite a bearish story imo. Cant just base a position solely on the break of a trend line
cindyme123
@JamesEvison, I think Gold likes to run when most least expect it to,..... Im thinking now that the flag pattern has been broken to the upside around 1495 to 1500 ( we may back-test this area) this week,....
Im thinking MUCH MUCH higher in Gold and Gold shares,..... I continue to trail my stops higher for now,.... :)
Love your charts btw :) x
cindyme123
IF we take out 1490 or 1498 on the upside the flag pattern n correction is over
Just my 2c worth - as no-one is expecting this ,....

:)
ilia1380
I found it too before breakout. Nice analysis :D
More