GOLD XAU/USD Week 39 Trading Idea (24/09/2019) H&S Pattern
Price INDEED retested back the 152x resistant region again to complete the H&S formation after a strong bounce from 148x post FOMC news
We will now see if price able to clean break below the support channel to further confirm downside potential
Which is also around 1510 area before back to 148x important support area again
Traders/Investors are always advised to DYODD Do Your Own Due Diligence on our following analysis outlook.
These are NOT trade BUY/SELL/HODL call out, but outlook to align my view of the market to your own trade analysis.
These are merely based on our TA Technical Analysis , FA Fundamental Analysis and SA Strategy Analysis.
We want everyone here to have a higher chance of making profit and minimize losses.
We will now see if price able to clean break below the support channel to further confirm downside potential
Which is also around 1510 area before back to 148x important support area again
Traders/Investors are always advised to DYODD Do Your Own Due Diligence on our following analysis outlook.
These are NOT trade BUY/SELL/HODL call out, but outlook to align my view of the market to your own trade analysis.
These are merely based on our TA Technical Analysis , FA Fundamental Analysis and SA Strategy Analysis.
We want everyone here to have a higher chance of making profit and minimize losses.
+700pips/70$ so far