This chart represents a potential inverse head and shoulders pattern on the 30-minute timeframe for Gold (CFDs on Gold, US$/OZ). Here's a breakdown:
Pattern Observed
Left shoulder, head, and right shoulder are clearly marked.
The neckline has been drawn and appears to have been broken, suggesting a bullish reversal.
Trade Setup
Entry Point
Pattern Observed
Left shoulder, head, and right shoulder are clearly marked.
The neckline has been drawn and appears to have been broken, suggesting a bullish reversal.
Trade Setup
Entry Point
Trade active
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📲 Join telegram channel free ..
t.me/Money_Magnet08
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Money_Magnet08
Gold Signal's with proper TP & SL for high profit opportunities..
t.me/Money_Magnet08
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Money_Magnet08
Gold Signal's with proper TP & SL for high profit opportunities..
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.