Price of the precious metal remain trading above $1680.0 major level with a strong rejections, A bullish engulf closed on daily timeframe confirm the potential upside move.
4hr time frame currently showing an inverse head & shoulder pattern.
Look for a long entry when the price trading above $1740. other wise we might see the precious metal will back trading in range.
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Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together.
Disclaimer
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
_________________________________________________________________________________________________________________________________________
Thank you for your support
4hr time frame currently showing an inverse head & shoulder pattern.
Look for a long entry when the price trading above $1740. other wise we might see the precious metal will back trading in range.
_________________________________________________________________________________________________________________________________________
Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together.
Disclaimer
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
_________________________________________________________________________________________________________________________________________
Thank you for your support
