I am still looking forward to selling XAU/USD. Gold broke out of the symmetrical triangle just to form a new head and shoulder pattern.
Trade setup
A break below 1900 would be a good mark to join in a long-term SHORT Position towards 1800 and down below 1780 previous support zone.
PS: It's expedient to wait for the price to break below the shoulders button-line (support) before jumping into the trade.
Trade setup
A break below 1900 would be a good mark to join in a long-term SHORT Position towards 1800 and down below 1780 previous support zone.
PS: It's expedient to wait for the price to break below the shoulders button-line (support) before jumping into the trade.