GOLD - Bearish Cypher & Head & Shoulders

Gold/U.S. DollarFXCM

Description

⋅ Nov 11, 2021 2:42 PM

This was a setup that was on my radar since September I believe (check attached chart below) but I wanted to update you on it since we finally had a completion of both patterns.

Akil

Comments

SagheeruShams

⋅ Nov 11, 2021 3:13 PM

bearish target??

Akil_Stokes

⋅ Nov 11, 2021 6:50 PM

@SagheeruShams, Tradition targets for the Cypher are going to be the 38.2 & 61.8 of the C to D leg

CalvinEJ

⋅ Nov 11, 2021 3:05 PM

Thanks, Good stuff!

Akil_Stokes

⋅ Nov 11, 2021 6:50 PM

@CalvinEJ, Thank you Calvin