US/GOLD Inverse Head and Shoulders

Hello Traders,

Gold chart worth a look!,

Points to consider,
- Very Key Technical Resistance has been broken
- Confirmed pattern of the Inverse head and shoulders
- Target for this pattern would be around $1547

- RSI has clearly broken it resistance
- A retracement to at least the golden fib lines are highly probable
.5 @ $1430
.618 @ $1586

What are your thoughts on current price action of Gold?

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