GOLD, possible inverse H&S!?
This is potential inverse H&S there is no doubt, but 1220/23 is the main target to be broken for furder development here. We could see that the ‘second shoulder’ at 1190/95 is holding for now, despite strong US dollar in the market and that is important level as well on the way down. If gold manage to stay between 1190/95 and 1220/23, this development is possible. Watch this levels and furder development, I will cover every move furder. I was allready wrote about this possible formation in my previous gold analysis. Interesting view, isn’t it!?