Biconomics

Gold's Cooking some Inverse Head and Shoulder at the moment

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello Traders I wish you for a very good day! Here I update all my trade plans and setups based on technicals while nothing in here shared as a trading signal. So take them at your own risk. All these remains as just a prediction until we meet with the required criteria. Best regards!

Gold printing a new inverse head and shoulder for a while which unclear in short time frames and clear only on 4h at the moment. All we need is a perfect breakout through the trend line and also on the neckline. 1652 to 1655 is a very strong level held unbroken. So we need to check with the relevant criteria to meet up accordingly to enter a long position.

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