SunilKumarDixitSKCharting

Gold: Emerging Head & Shoulder Pattern

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
After making high of 1702 Gold upside has been invalidated strongly and turned bearish with full force. Left Shoulder is formed. Head is formed. Next up move should be limited to right shoulder zone and if neckline is breached, we should witness a further downside correction towards Target 1 & 2

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