BOREARIS

Gold (XAU/USD) Inverse head & shoulders 1 hour

Gold (XAU/USD) 1 hourConfirmed Oct 27, 21:00 UTC+8
LSNHNRSConfirmedTarget 4,074.47Target 1 4,048.844,029.94Confirm 4,023.20Neck 4,016.59Invalid 3,985.61━ MA20 + Bollinger Bands ━ MA50 1 hour70503043.48━ RSI ━ 9MA05.84━ MACD ━ MACD Signal10/22 04:0010/23 01:0010/23 22:0010/26 19:0010/27 16:0010/28 13:00
LSNHNRSConfirmedTarget4,074.47Target1 4,048.844,029.94Confirm4,023.20Neck4,016.59Invalid3,985.61━ MA20 ━ MA5070503043.48━ RSI ━ 9MA05.84━ MACD ━ MACD Signal23 17:0026 21:0028 00:00

Gold line = the pattern's swing points; gold box = the confirmation candle; coloured lines = target and invalidation; blue = confirmation price.

Inverse head & shoulders: Active

Target4,074.47
First target4,048.84
Confirmation4,023.20
Invalid at3,985.61

Last 4,030.34, 14% of the way to target (target is 1.27% from confirmation).


Timeframe1 hour
ConfirmedOct 27, 21:00
Duration17.6 h
Reward / risk1.36

What this tells you

Three lows with the middle one deepest; a break above the neckline often signals the end of a decline.

Check it on the live chart

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Swing points

PointTime UTC+8Price
Left shoulderOct 23, 10:003,986.53
NecklineOct 23, 21:004,034.04
HeadOct 23, 22:003,975.77
NecklineOct 26, 20:004,025.51
Right shoulderOct 26, 21:003,988.70
ConfirmationOct 27, 21:004,023.20

Recently closed Inverse head & shoulders patterns: 3 in total, 1 reached the target first (33%), 2 were invalidated and 0 expired (small sample). Results by pattern →

Chart patterns are technical reference points, not trade recommendations. Past results do not guarantee future outcomes; trading involves risk.

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