Gold Bullish
Bullish head and shoulders pattern is prevalent on the Gold daily chart.
It is trading inside a bullish trend channel and currently forming the right shoulder which, so far, is failing to trade near the bottom of the channel creating that higher right shoulder which is a strong confirmation of the direction of the possible continuation.
2450 will be tested before retreating to grab more bulls. The possibility of a failed head and shoulders (on pattern #2) is still on the table. In that case 2350 support level will be tested. Let's see what happens
It is trading inside a bullish trend channel and currently forming the right shoulder which, so far, is failing to trade near the bottom of the channel creating that higher right shoulder which is a strong confirmation of the direction of the possible continuation.
2450 will be tested before retreating to grab more bulls. The possibility of a failed head and shoulders (on pattern #2) is still on the table. In that case 2350 support level will be tested. Let's see what happens
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.