XAUUSD Creating Head and Shoulder Pattern (Weekend)

Short

CFDs on Gold (US$ / OZ) (TVC:GOLD)

Updated

TVC:GOLD CFDs on Gold (US$ / OZ)

XAUUSD
XAUUSD Creating Head and Shoulder Pattern in Daily chart.

Strong Supports
Strong support between 1861 and 1859, Next Support 1850/1848, Once it break 1848
If its break 1848 then it will go to 1818 as per my analyse.
Friend please analyse before short still right shoulder not form completely first it will for and up between 1879 to 1888 then Expecting for Short

Long between - 1865 to 1868 and take 1879 to 1888
Short between - 1888 to 1879 and take Profit 1850 - 1849

DXY getting strength back, you can check my new chart for DXY (dollar Index).
I have also provided some strong support area.
Please follow the proper risk management and also share your ideas in comment section.
If you like my Ideas please Like and Comment below.

Comment:

Secusessfully TP 1 reached and closed my one short position around 1810 and one pending to be close TP2 around 1795 $
Dear traders please update your position in comments and my chart helpful for you .

Trade closed: target reached:

Secusessfully TP 1 reached and sell closed

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