Is Gold is heading for a Bull Market?, page-37

1. 3 months of consolidation following the drop from $1.975.
2. Inverse H&S formed after the consolidation period.
3. Divergence became more apparent as price broke through the bottom horizontal support line.
4. The lowest point of the inverse head is also the 78,6 % FBR from the $1.975 high made in July 2020.
5. Broken out of the inverse H&S neckline.
6. Golden Cross formed at the point of breakout.
7. Traversing on the uptrend channel making a new high.

Signs on the Daily chart shows a very strong reversal was concluded. A pull back to the neckline is possible in the near term, and perhaps to the lower uptrend line to make a higher low.

All in now and waiting for it to explode higher.