XAUUSD Invalidated H&S, now turning bullish.

 

Pattern: Broken Head and Shoulders to the upside.

Signal: Buy as the top of the Right Shoulder broke. It appears that the price may be repeating the December 01-02 bullish leg. RSI identical, MACD on Bullish Cross.

Target: 1890 (just below the 2.0 Fibonacci extension as did the Dec 01 leg).

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Tradingview link:

https://www.tradingview.com/chart/XAUUSD/kaBs9pbJ-XAUUSD-Invalidated-H-S-now-turning-bullish/



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