GOLD - Break Out Is Under Way

تم تحديثه
Gold seems to be ready to break out and go to our target 1820-1830.
First, it breaks downtrendline. Secondy, it breaks the neckline of the inverted head & shoulders pattern.
1740-1750 is buy zone if gold backtracks there.
1820-1830 is our target for this month.

All are invalid under 1720.

ملاحظة
Everything is in order. Gold should reach 1795-1800 soon then might pull back a little. Once gold breaks 1800, investors will jump in to buy gold like crazy.
ملاحظة
Took profit for half posy @1795
تم فتح الصفقة
added half posy back @1760. Let's ride this bull till 1820.
أغلقت الصفقة: تم الوصول للهدف
Took profit full posy @ 1820. It was a good swing trade. Great return.
GoldgoldideagoldlonggoldtradingHead and ShouldersInverse Head and ShouldersswingmasterswingtradingTrend AnalysisTrend LinesXAUUSD

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