FullTimeTrader
Long

XAUUSD-update-still bullish on a inverse head and shoulders

FX:XAUUSD   Gold Spot / U.S. Dollar
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4
588 4
This is an update of previous post.
Im still long, looking a H4 chart we see a series of HH,HL sequence.
There is an inverse HS pattern also, wich suggest a change trend.
Good luck.
agree
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double bottom at the support too
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I might agree short term, but monthly print of "dark cloud cover" suggests bearish continuation. Therefore I prefer to sell the best price. There is no clear neck line there, only 1220.00 as the key level for both bulls and bears ad hard resistance / support level. Good luck to you too.
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NICE ANALYSIS
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