Gold is consolidating the recent bullish impulse, but the 15-min reverse H&S is an extra conviction for prospects of a continuation.
$1,817 and $1,820 are on the bulls map.
As per the prior analysis, Gold Price Analysis: Bulls target $1,820, 1-hour Momentum points to meanwhile correction, did indeed decelerate to a measured target of the 38.2% Fibonacci retracement level.
$1,817 and $1,820 are on the bulls map.
As per the prior analysis, Gold Price Analysis: Bulls target $1,820, 1-hour Momentum points to meanwhile correction, did indeed decelerate to a measured target of the 38.2% Fibonacci retracement level.
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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.