Hi trader's; hope we're all psyched bout the new trading week!
Gold has been giving some interesting movements the past couple of days and I've been following it's structure closely.
Here, we may not see it clearly because of the liquidity voids that got filled last week but XAUUSD is forming an Inverse Head and Shoulder pattern which is a bullish reversal pattern.
A break of the neckline will confirm the bias and I'll update this analysis with an entry setup.
Please, like and follow if you found this directional bias insightful ♥.
Gold has been giving some interesting movements the past couple of days and I've been following it's structure closely.
Here, we may not see it clearly because of the liquidity voids that got filled last week but XAUUSD is forming an Inverse Head and Shoulder pattern which is a bullish reversal pattern.
A break of the neckline will confirm the bias and I'll update this analysis with an entry setup.
Please, like and follow if you found this directional bias insightful ♥.
Note
Activated; let's have those buys now 😂
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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.
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.