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XAUUSD / m15 / Technical Chart

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD / m15 / Technical Chart

Pattern: Inverse Head and Shoulders

PS: Pattern will triggered by the breakout of the neck line

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Comments

Thanks FxCanli
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Might be worth shorting this pattern. Many times it doesn’t complete and Bears win. Gold likely needs to drop further before it’s next rally.
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whoooo trade closed?
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islem iptalmi
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Do you buy the Inverse H&S Even when sellers are coming this hard?
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@Dansa_Inc, might be worth shorting near the neckline. If pattern completes it’s bullish, but many times the pattern doesn’t and Bears win. Gold likely needs to drop more before it’s next rally. See above comment for my assessment.
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Dansa_Inc Teklologist
@Teklologist,
YEP good one above there. am Shorting this so hard as well:)
+1 Reply
Thanks FxCanli
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Thank you for sharing..
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