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Apr 27, 2020 2:52 PM

H&S Final Leg Up Long

GoldOANDA

Description

As per previuos idea attached, Gold most likely will close in bear today due to the friday hanging man candlestick; top is near, and before the big drop to 1610$, Gold can make a spike to 1765 till the upper trend line and create a pinbar this week to create the upper wick of the weekly candle.
H4 TF is creating multiple hammer candlestick at support and trendilne from right shoulder and neck has been tested twice.
Currently H4 is stll open, if it closes in hammer then H&S could be very likely.

Not trading advice

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