GOLD-BUY
XAUUSD / H&S IdeaThis looks like a inverse head and shoulder pattern, we could see more upside to 1907 (our target) which was measured from the distance between the shoulders or ' channel ' before the price broke down to form the head.
Two possible entries:
1. 1885
2. 1896
Set your own stoplosses. Use your own risk management. However, I'd like you to kindly note:
You can enter a little later on the top position, making sure it is a clear break before you enter to give you a little more confidence. You don't need to ' RUSH ' into your positions.
Be safe.
I will make a comment later on in this idea
GOLD - DAY TRADE VIEWGOLD - On hourly candles it's trying to get a support here, My approach will be a buying in the range 1880-1884
Maintain stop loss around 1871
Potential upside target 1894 - 1904
Follow the levels as mentioned
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