The Head and Shoulders pattern has formed on the GOLD H1 chart. The head high is at 4435.71, while the neckline passes through 4376.88/4385.57. The pattern may reverse the current uptrend. A break below the lower neckline anchor may confirm the bearish reversal. FX.co ★ GOLD H1: Head and Shoulders
Signal strength 4 of 5
GOLD H1: Head and Shoulders
The Head and Shoulders pattern has formed on the GOLD H1 chart. The head high is at 4435.71, while the neckline passes through 4376.88/4385.57. The pattern may reverse the current uptrend. A break below the lower neckline anchor may confirm the bearish reversal. *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade