PeryCapital

XAUUSD long soon

Long
PeryCapital Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
We can see 3 potential zones to reverse Gold back to uptrend
(50% , 61,8% and 78,6%+trendline)

We also see double top structure, which means that after
break we can see clear move to 1260 area

Dont forget to trade with proper RM/MM and caution.
Comment:
Gold is taking off again after small pullback

Comment:
We can see clear Head and shoulders pattern on Gold!
Bread = next move up. Good luck guys
Trade closed: target reached:
Taking partial profits, low volume positions leaving until 1258-60 area!
Hope yall profited.
Trade closed: target reached:
1260 area reached too. You can see the awesome resistance work!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.