Gold Inverted Head And Shoulders – As The Market Is Pushing Higher

Technical analysis of Forex market

The price is bullish. Last week we witnessed buying the dips scenario. Bulls are trying to push the price further up and so far they have been successful. The potential move is higher but the price needs to break above 1796. M H3 and W H4 need to break and the price needs to close above it. Gold is supported by important weekly and monthly camarilla pivots. The final target is the 1820 zone but watches for potential profit-taking today as it is Friday. Buying the dips is the scenario.