Gold Inverse H&S 12:57:23 (UTC) Mon Jun 15, 2020

15 ביוני 2020

Watching for support at the right shoulder of the current inverse head and shoulder (bullish reversal) pattern for Gold, selling off this morning while most equities around the world are selling off. This is typical when investors are taking gain to cover losses seen in both the fixed income/ sovereign debt markets and equities that are both in heavy red after the first two trading sessions this week.