Gold 1H Chart
1) double-top on 1H RSI + overbought 1H RSI
2) Triangle hints at a drop to below $1,770, but we need to stay above $1,763 to believe the Bulls are controlling the game.
3) If this scenario plays out it will complete the formation of a reverse H&S on the hourly chart.
2) Triangle hints at a drop to below $1,770, but we need to stay above $1,763 to believe the Bulls are controlling the game.
3) If this scenario plays out it will complete the formation of a reverse H&S on the hourly chart.
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.