XAUUSD Gold Inverse Head And Shoulders And Long Opportunity
Gold’s stuck between 1277 and 1285. We see an emerging inverse Head&Shoulders pattern on the H1 Chart. The breakout of the neckline would validate the pattern.
Our Trade Setup:
The Pattern: Inverse Head And Shoulders
Entry: The pattern would be validated at the breakout of the neckline @ 1285.25.
Stop Loss: 1281
The targets of the pattern are 1289 -Reached – We take partial profit here.
VERIFIED ACCOUNT AND SETUP RESULTS
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DISCLAIMER: This is a technical analysis study, not advice or recommendation to invest money
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