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GOLD Intraday Technical analysis

GOLD Intraday Technical analysis

It seems Gold is forming a pattern "Head-shoulder", the upper limit of the shoulder is at 1366. A breakthrough of this zone will invalidate this scenario and release a significant upside potential.
According to previous events, the market indicates a bullish opportunity as soon as the spot rate has broken its resistance at 1366 with a 1st objective of 1376, then 1384. A breakout in 1364 will invalidate this scenario.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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