Hello to all,
Gold began new year with a hard fall. But this move seems in a an ascending trend yet. The last bottom is our key level for look after gold bearish or bullish.
At the same time i see possible a reverse H&S structure on daily chart. If this structure work, next move will be a bullish wave to 2160 levels.
Our support levels are 1836 / 1808 for Rev-H&S structure and 1763 for stay in bullish trend.
If you find it useful, please support this idea with LIKE and feel free to ask all your questions as a COMMENT.
Gold began new year with a hard fall. But this move seems in a an ascending trend yet. The last bottom is our key level for look after gold bearish or bullish.
At the same time i see possible a reverse H&S structure on daily chart. If this structure work, next move will be a bullish wave to 2160 levels.
Our support levels are 1836 / 1808 for Rev-H&S structure and 1763 for stay in bullish trend.
If you find it useful, please support this idea with LIKE and feel free to ask all your questions as a COMMENT.
