WaveTrends

Xau/Usd looking like a h&s pattern!

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
To me , gold looks like it is forming a head and shoulders correction pattern on the 4 hour time frame! I am not going to trade this....
This is just a simple analysis!
The big move usually comes after a correction like this.

If you wanna know more about how to trade a head and shoulders pattern, there are lots of free information online that can teach you the correct way.
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