Description (Safe for TradingView):
Gold on the 15-minute chart is forming a classic Inverse Head and Shoulders pattern, signaling a potential trend reversal from bearish to bullish. The structure is well-formed with the Left Shoulder, Head, and Right Shoulder clearly visible.
✅ Key Technical Highlights:
Neckline breakout occurred around the 3303.165 level.
Price is currently retesting the neckline as support.
Volume confirms breakout strength.
Potential for upward movement toward the 3340–3350 zone if support holds.
🔵 Support Zone: 3302–3303
🔴 Risk Management: Stop below recent swing low (near 3288)
🟢 Target Zone: 3340+
📊 Always follow your risk management rules. This is a potential opportunity, not financial advice.
Gold on the 15-minute chart is forming a classic Inverse Head and Shoulders pattern, signaling a potential trend reversal from bearish to bullish. The structure is well-formed with the Left Shoulder, Head, and Right Shoulder clearly visible.
✅ Key Technical Highlights:
Neckline breakout occurred around the 3303.165 level.
Price is currently retesting the neckline as support.
Volume confirms breakout strength.
Potential for upward movement toward the 3340–3350 zone if support holds.
🔵 Support Zone: 3302–3303
🔴 Risk Management: Stop below recent swing low (near 3288)
🟢 Target Zone: 3340+
📊 Always follow your risk management rules. This is a potential opportunity, not financial advice.
Trade active
trade active now Trade closed: target reached
hold for 8 hours
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.
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.