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MoneyFlowTrader

re-test of $1265 gold confirms 4hr IHS

Long
Gold Spot / U.S. Dollar (FX:XAUUSD)  
MoneyFlowTrader Aktualisiert   
FX:XAUUSD   Gold Spot / U.S. Dollar
7
0
potential 4hr inverse head and shoulders pattern w/ breakthrough of $1265 details on chart
Kommentar:
Kommentar:
monitoring the 15min chart for bullish continuation, bulls trying to sneak through the backdoor
snapshot
Kommentar:
Bears would have to take out $1244-45 area to invalidate the right shoulder of the IHS on the 4hr chart. After looking at the 15min chart bulls have been trending upward still from yesterday forex open. They are looking to recapture the $1259.00 level on watch
Kommentar:
you can track the 15min chart here
15min chart cups forming
Kommentar:
monitoring the 30min chart, I see a potential cup developing
snapshot
Kommentar:
watch for a possible rounding bottom
snapshot
Kommentar:
Keeping an eye on this 4hr cup, handle is attempting to form
re-test of $1265 gold confirms 4hr IHS
Kommentar:
meant to post this chart 4hr cup/handle pattern
snapshot

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MoneyFlowTrader
15min cup/handle forming on 4hr IHS (right Shoulder)
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