fxtrends

Head & Shoulders Pattern Forming In Gold

Short
COMEX:GC1!   Gold Futures
A clearv neckline is present at 1490 and current price-action is seemingly carving-out a possible lright shoulder.... For this formation to be confirmed, Gold futures will need to reverse lower soon, then swifly take out support at 1490.. Measured move would project weakness towards the 100-day MA

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