titi

Careful possible H&S

FX:XAUUSD   Gold / U.S. Dollar
246 2 0
Behaviour quite similar to GBPUSD             since June 2013             , with first move down to neckline then a rebound as 2nd attempt to retest 1414 and then move down to 1352 measured move H&S .
still in channel. what do you think?
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titi sunny
Up to now XAU has been behaving from the top as I expected. Shoudl the H&S play out, it can reach the channel base at 1352 which is also the measured move H&S. Until then, I think as the red arrows on the chart.
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