Nice opportunity here to re-enter gold longs again.

I doubt this head and shoulders break will be sustained while the hourly and 4 hourly moving averages remain so bullish. See below how the moving averages are all above the hourly (green 200ma)

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Falling wedge as well on the 5 min charts

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Stop below the last swing low at 1900.

As always while the long term trend line remains intact its safe to buy the dips and this looks like a good one again

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Chart PatternsDXYGoldgoldtradingTechnical IndicatorsSilverTrend Analysis

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