Goodmorning everyone,
today I wanted to share an inverted H&S pattern for
XAUUSD
located in the 4h chart.
Unless abrupt movements will be caused by important news, an upcoming break up of the 1738 level could lead to a first res level around 1763, which later could reach 1780-1790 where it will find another resistance of the long downtrend.
thanks for any comments! ;-)
today I wanted to share an inverted H&S pattern for
XAUUSD
located in the 4h chart. Unless abrupt movements will be caused by important news, an upcoming break up of the 1738 level could lead to a first res level around 1763, which later could reach 1780-1790 where it will find another resistance of the long downtrend.
thanks for any comments! ;-)