MMBTtrader

XAUUSD is still completing right shoulder wait for fall

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
We are still looking for breakout to downside and more fall for gold as we said in previous analysis too:


Best trades now are buying low and selling at the top of this red zone But we may have breakout soon so you can waif for breakout too

if breakout happened and support of this range zone broke then pattern is completed and huge fall is ahead.

DISCLAIMER: ((trade based on your own decision ))
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Trade closed: target reached: Strong support zone and neckline is touching now.
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Comments

I think its shit. Never look 60 min on gold lol look at daily and its clear what its doing ;)
+1 Reply
Tradersweekly visibleRice67743
@visibleRice67743, Yeah, it definitely is small timeframe for predicting big moves + very unreliable. By the way I see no head and shoulders pattern.
Reply
superb overview for position traders
+1 Reply
Looks like a very likely scenario. Thanks, I’m looking forward to it. 😊
+1 Reply
Nice scenario
+1 Reply
great analysis mate
+1 Reply
KINDLY UPDATE
Reply
you were wrong. why do you mislead people?
Reply
Strong technical analysis🔥
Reply
Detailed and effective, thanks
Reply