The GOLD price gets close to a fresh supply level
The gold price is just about to reach the fresh supply above.
It is a great supply for sell position,
If we look at the D1 chart we can see that the price has performed a head & shoulders pattern but didn't complete all pattern yet.
If the price will react to the supply above and move down from there it will complete the right shoulder and all the pattern.
This confluence of fresh supply and Head & Shoulders creates a great setup for sell position.
The target will be 1450.00 zones.
It is a great supply for sell position,
If we look at the D1 chart we can see that the price has performed a head & shoulders pattern but didn't complete all pattern yet.
If the price will react to the supply above and move down from there it will complete the right shoulder and all the pattern.
This confluence of fresh supply and Head & Shoulders creates a great setup for sell position.
The target will be 1450.00 zones.
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