Here we can see clearly that Gold is forming the perfect (H&S) Reversal Pattern on the charts, as I’m a firm believer in Reversal Patterns as a solid reliable strategy for my price action analysis, I’ll trust Gold is going bearish this days or week. It might cross my TP1 and goes straight for my TP2 to form the perfect (H&S). Let’s see how it plays out, keep a close eye on Gold world’s number 1 precious yellow metal. Happy pip hunting traders.
Head and shoulders is either topping or bottoming formation and thus reversal pattern. But not continuation pattern. Gold will remain stuck for while between 1750 USD and 1850 USD before breaking upwards.
@jojofang0901 thank you jojo, I’m just waiting for it to hit my last 2 TP’s by this week before next week bullish moves because of fake NFP news even though I’m not a fundamental trader. I like to trade what I see on my charts, thank you again mr jojo.
KlejdiCuni
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Great job!
FXKillA
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@KlejdiCuni thank you klejdi, all the best mate 👍🏼🤩👍🏼