INVERSE HEAD AND SHOULDER PATTERN ON GOLD (XAUUSD)
MONTHLY TREND:-BULLISH
WEEKLY TREND:- BULLISH
-DON'T KNOW ABOUT FUNDAMENTALS BUT IN MY VIEW WE CAN SEE AN INVERSE HEAD AND SHOULDER PATTERN WHICH IS A REVERSAL PATTERN ON 4H TF ON GOLD,WHICH SUGGEST A BULLISH MOMENTUM IN UPCOMING SESSION
-WE CAN ALSO SEE THE 0.618 LEVEL OF FIBBONACCI ACCORDING TO DAILY TF GIVING A SUPPORT TO GOLD
-WE CAN ALSO SEE WEEKLY ORDERFLOW,WHICH IS MARKET BY THE YELLOW RANGE
ABOVE 1800 CAN BE A GOOD LEVEL FOR POSITIONAL BASIS!!
THANK YOU AND KEEP SUPPORTING
WEEKLY TREND:- BULLISH
-DON'T KNOW ABOUT FUNDAMENTALS BUT IN MY VIEW WE CAN SEE AN INVERSE HEAD AND SHOULDER PATTERN WHICH IS A REVERSAL PATTERN ON 4H TF ON GOLD,WHICH SUGGEST A BULLISH MOMENTUM IN UPCOMING SESSION
-WE CAN ALSO SEE THE 0.618 LEVEL OF FIBBONACCI ACCORDING TO DAILY TF GIVING A SUPPORT TO GOLD
-WE CAN ALSO SEE WEEKLY ORDERFLOW,WHICH IS MARKET BY THE YELLOW RANGE
ABOVE 1800 CAN BE A GOOD LEVEL FOR POSITIONAL BASIS!!
THANK YOU AND KEEP SUPPORTING