Gold H&S formation with possible target in range of 980-960

Gold spot formed H&S formation in first half 2015 on daily time frame and already corrected $100 out of possible $174 target of H&S formation.

Interest rate hike by fed may weaken the gold further towards the target or even below the target.

Trade closed manually:

Since RBI bought 200MT Gold at dip the technical target was short achieved at 1045$ and the trade was closed.