SignalSwiss

GOLD: RIGHT SHOULDER OR NEW HIGH?

FX:XAUUSD   Gold Spot / U.S. Dollar
3127 12 115
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Comment:
I would say with GPD being as bad as it was plus Italy bank stress test failures, its going to be a new high.
+1 Reply
This is also i'm struggling with when i analysis gold for next week. But after move back and check on longer time frame, i think more high chance to make a new high. :) just for idea sharing,bro
+1 Reply
right shoulder is very well justified
+1 Reply
are you referring to head and shoulders by the way just the chart looks or is there a technical percentages you applied... because the left should you took intraday high which could be deceiving ... if not the pattern is already invalidated..

As I missing something here ?
+1 Reply
right shoulder maybe..
+2 Reply
I think so.
Reply
Oh my god
+2 Reply
waterman natkamon2504
You Bull ??!
+2 Reply
50% / 50% ))!
+2 Reply
no, we will research a reversal pattern on low time frame before take position
+4 Reply
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