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jthrasher

Gold went to Jared

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
jthrasher Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Chart Patterns XAUUSD Gold
11
0
chartpattern xauusd gold
Looks diamond/head and shoulders toppy to me. Rough measured move here but would look to TP around that .618
Comment:
line chart makes things a bit more clear for the right side of this diamond pattern (which allows a short sale sooner than horizontal neckline head and shoulders)
snapshot
Comment:
the broadening 5 point pattern and hanging man at the top gives me more confidence that we're seeing a major top here
snapshot
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