GOLD formed an inverted head & shoulders pattern
on a 4H time frame after a test of a strong intraday/daily support.
The price successfully violated a neckline of the pattern
this morning and closed above that.
With a high probability, the price will continue rising
and reach 4500 level soon.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.