Reversal Pattern

FX:XAUUSD   Gold Spot / U.S. Dollar
A Head and Shoulders reversal pattern is under development. Wait for neckline breakdown.
Comment: Target not reached yet ;)
Trade closed: target reached
Perfect. Congratulations!
Im glad i had a similar idea. I think if the stock market keep going down at least for monday and tuesday (July 18 and 19), gold will then fall below 1300:
Thank you. Stock Markets and Gold have negative correlations. Don't they?
well not always but i dont like to be long on both :)
I won't long both either :)
oh man srry just now i saw i mixed things up :)). Lol, jokes on me
Lol I knew you had it mixed up. All good.
Very good vision, thank you sir ;) tgt reached
Thank you :)
is the pattern that has formed today a diamond pattern, which might mean a bullish reversal? it looks very diamondish.
what is entry point for short or long ?
short is 1352 ?
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