salvanost

inverted cup and handle

Short
salvanost Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
need rejection around 1467
and break down 1455
target 1436
next dangerous target 1427 as tp 2

note: already created similar idea a few days ago, but I deny those pattern as HS, now I see this more as inverted cup and handle
note2: already said about 1425/1427 area... but up to you believed 1427 area as target or not,
I'm playing safe with targetting 1436, since there is a big magnet around 1445 for candle close
Comment:
note:
I think there is no problem targeting 1427 with short from 1467
but not recommended to short from 1445 area since the volatility would be high
Comment:
ABC wave forming now
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