TradingShot

XAUUSD Invalidated H&S, now turning bullish.

Long
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Pattern: Broken Head and Shoulders to the upside.

Signal: Buy as the top of the Right Shoulder broke. It appears that the price may be repeating the December 01-02 bullish leg. RSI identical, MACD on Bullish Cross.

Target: 1890 (just below the 2.0 Fibonacci extension as did the Dec 01 leg).



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