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Lorenzo_Esco_Al_Bar

Head and Shoulders pattern on Gold (XAU/USD)

Short
Gold Spot / U.S. Dollar (FX_IDC:XAUUSD)  
Lorenzo_Esco_Al_Bar  
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns XAUUSD USD Gold
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trendanalysis harmonicpatterns chartpattern xauusd usd gold
Dollar rises after today's CPI data. A solid head and shoulders pattern on XAU/USD is revealing itself. The 1314.26 price brakeout will be the sell off signal, with a possible target around the 1300 area, where Fibonacci and the 100 period exponential moving average support the price.
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