wmforex

XAUUSD analysis on the hourly chart

Short
wmforex Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar

―----------
= Head and shoulders pattern
= break an uptrend
= If the uptrend breaks (blue), it targets the neckline
= If the neckline is broken, target
= 1776
= 1754
= 1750
= Sell fails if it exceeds 1774 and turns buy
= My personal opinion is falling
Comment:
The sell failed and the buy succeeded ... My opinion with the sell was wrong
Comment:
its over

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.