Inverted head and shoulders pattern on 1 hr Gold chart

FX:XAUUSD   Gold Spot / U.S. Dollar
An inverted head and shoulders pattern is evident on a 1 hour chart. Neckline is at $1183.39, shoulders at $1181 and head at $1176-1177. RSI has been making higher lows on a weekly chart and daily chart . Daily RSI bottomed at 25.4 on 3/17/15 and at 36.5 on 6/5/15. Stochastic also indicates a buy on 1, 2, 3 and 4 hr             chart. Aroon indicated a buy on 6/5 on a daily chart at $1171. I'm long GLD             113 call options that expire in July. Expect gold             to rally this week, Long and strong? Good Luck.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out