Long

GOLD multi-month IHS setup...

It appears as though gold is forming an inverted head & shoulders pattern on the daily/4H charts.

Technicals are oversold and major support has been found at the 1765 key level.

This is a very bullish setup and price action over the next week should confirm this theory.
Chart PatternsGoldTechnical IndicatorsTrend Analysis

Also on:

Disclaimer