Long Gold - Right Shoulder developing.

FX:XAUUSD   Gold Spot / U.S. Dollar
77 3 2
Long Gold             - Right Shoulder developing.
Dear 360 where do you think this formation takes us any fibonacci target thank
Hi FXSTRATEJI, how is it going? Well, for this particular pattern if it works out, technically target would be around 1220, or 50% fib retr. of all time uptrend. There also multiple H&S developing at the moment There is a interesting bear flag developing on Gold monthly, you might want to check it out and let me know what you think.
~230 on 2 long trades. Awesome...Let's see what the bears have to say...
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