Technician

Gold:Update: Challenging 1294.00 Resistance

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
10
Gold is pushing to 1294.00 resistance, after completing a breakout above the neckline for the inverse head and shoulders pattern. Further upside remains the most likely scenario. Technical details are outlined on chart.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.