faris.makki

Gold Inverse Head and Shoulders

Long
faris.makki Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
MACD cross over and oversold RSI at strong support level at 1300-1310. along with inverse head and shoulder pattern forming. Expecting a move to 1380 minimum if pattern is completed, especially with uncertainty in risky assets.
Comment:
going well so far
Comment:
Some resistance today at 1335 which is completely normal and was expected. Could possibly see small pullback of $8-$10 which would take us to $1322-1324. From this point we can add longs and take it to newer highs hopefully.
Comment:

It's likely the time for the move
Comment:
Price retrace back to trend-line and bounced off it

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