Gold Spot / U.S. Dollar
Updated

Gold with a potential continuation pattern.

78
This analysis is for educational purposes only and it is NOT an investment advice.

Textbook perfect pattern which is yet to be completed as shown with the precious metal.

An Inverse head and Shoulders continuation pattern as shown.

If successful, will we see the precious metal around 2K zone ?



Note
Neckline resistance demolished with a bullish breakout. Now the bullish target of approx. 2K is on sight....

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.