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andmk2

An idea on Gold before breakout

Gold Spot / U.S. Dollar (FX_IDC:XAUUSD)  
andmk2  
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Head and Shoulders Chart Patterns goldlongsetup xauusdanalysis Commodities preciousmetals Gold
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headandshoulders chartpattern goldlongsetup xauusdanalysis commodities preciousmetals gold
Many technical analysts are talking about a Cup and handle pattern on Gold. I used to agree, but now as the chart shows, it could be forming an inverse head and shoulders pattern before breakout. If true, bulls will have to wait well over another year for the breakout.

XAUUSD
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