💥 HBAR price nears breakout as inverse head and shoulders pattern forms
HBAR price is consolidating below key resistance as an inverse head and shoulders pattern develops, signaling a potential bullish breakout if the neckline resistance is cleared with volume.
HBAR ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
#Gold targets $13,000 / ounceBut now the charts are signalling a possible consolidation!!! Possible scenario:A Settlement between #Russia - #UkraineMy next target is 45,000 with the collapse. Why? Because they are selling gold on paper. IF EVERYBODY wants their Gold physically, guess what! There is no such Gold in the markets!!!Due to global economic instability, we can expect further rate cuts, a deeper recession, and, in the end, a Gold Rush.#XAU