TheAnonymousBanker

[GOLD] HEAD AND SHOULDERS ?

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold has also reached our bullish TARGET, having said that, we expect a consolidation before seeing a bearish leg, and the area around 1,269/1,273 should be a valid resistance where gold could trigger a HEAD AND SHOULDERS. If our analysis is correct, we can try to take short position on technical rebound (right shoulder) with stop above the new TOP or something like that....

TECHNICAL ANALYSIS
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BULLISH TARGET
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By Anonymous Banker
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