Ali_EltomFX

GOLD ANALYSIS 1H

Ali_EltomFX Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
DXY Is slowly going into a downtrend, here on my analysis we can see a price level that was previous resistance and is now acting as support. I also think we may see a Head & Shoulders pattern forming and price rising as far as 1315.50 or perhaps turn around at 1302.95 and go back into a downtrend.
Trade active
Trade closed: target reached
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