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Gold Futures
Long
Updated

Gold - GC1 - Potential Reversal pattern - Head and Shoulders top

158
It might be a Reversal Pattern Head and Shoulders.
Volumes do not confirm this pattern and it should be read as warning for us traders.
Personally I would not invest in the GOLD Market.
For a short term trading the market seems to be bullish.
Trade active
For a long term treading seems to become bearish
Trade active
It can still go long up to the neckline
Mauriello
Also on:
Chart PatternsGoldheadshouldersTechnical IndicatorsreversalTrend Analysis

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Chart PatternsGoldheadshouldersTechnical IndicatorsreversalTrend Analysis
Mauriello
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.