Hi traders
thus is my analysis for gold i m in learning process therefore i trade head and shoulder patterns a lot as u all know that gold is trading in consolidation period for a long time and many traders think that its time for gold to break down from this range i can be 1000 percent wrong bcoz i m not a mature trader but i think its not the time and gold is going back up to its 1900s levels i found that inverted head and shoulder pattern completed and for entry its daily closing as a bullish engulfing with double bottom in daily time frame and i also note that rsi makes bullish divergance fib level 23.6 does support its entry also .
Note......... Please dont trade on behalf of my analysis as i mention before i am just a student without any mentor thanks may god help u all win ur trades.