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Mihai_Iacob

Gold- IMO, H&S will not pay off

Long
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
Mihai_Iacob  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators Gold goldtrading goldidea goldlong XAUUSD xauusdbuy xauusdlong xauusdanalysis xauusdupdates
45
24
trendanalysis chartpattern indicator gold goldtrading goldidea goldlong xauusd xauusdbuy xauusdlong xauusdanalysis xauusdupdates
Gold spent last week, excepting last Monday's spike up and quick reversal, in a consolidation/accumulation between 1820 and 1850.
In my opinion, the H&S visible on the chart will not pay off and I expect a continuation to the upside towards 1900.
I will look to buy dips and my zones of interest are 1815-1818 zone and 1825
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