MoneyFlowTrader

re-test of $1265 gold confirms 4hr IHS

Long
MoneyFlowTrader Aggiornato   
FX:XAUUSD   Oro / Dollaro
7
potential 4hr inverse head and shoulders pattern w/ breakthrough of $1265 details on chart
Commento:
Commento:
monitoring the 15min chart for bullish continuation, bulls trying to sneak through the backdoor
Commento:
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
Commento:
you can track the 15min chart here
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monitoring the 30min chart, I see a potential cup developing
Commento:
watch for a possible rounding bottom
Commento:
Keeping an eye on this 4hr cup, handle is attempting to form
Commento:
meant to post this chart 4hr cup/handle pattern

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