- gold is in an uptrend so every correction is a buy the dip opportunity
- you can clearly see a breakout of the inverse H&S
- this recent move down is nothing more than a retest of the H&S as well as the 200d SMA
STRATEGY: go long here with a first target of ~1910 (june swing high) and a second target of ~1950 (jan swing high).
If you want to optimize this trade go for silver instead
- you can clearly see a breakout of the inverse H&S
- this recent move down is nothing more than a retest of the H&S as well as the 200d SMA
STRATEGY: go long here with a first target of ~1910 (june swing high) and a second target of ~1950 (jan swing high).
If you want to optimize this trade go for silver instead
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.