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JasonSong
Jan 9, 2020 3:15 AM

XAUUSD: 40dollars dropped with the "cooling down" pattern Short

Gold/U.S. DollarFXCM

Description

XAUUSD: 40dollars dropped with the "cooling down" pattern

First, I hope you didnt buy XAUUSD yesterday, the "similarity" worked pretty well.
Now I'm expecting a head&shoulder pattern forming, will pull the trigger to sell when the time/price is acceptabel.
Dee details on the chart, thanks!

Please also refer to my former analysis linked below, hit the "like" button if my analysis is helpful in someway for you.
Thanks for your support and good luck trading!
Comments
adelfair1
Yesterday I bought it an unexpected news made many traders down but still hopefully waiting for the pullback
KonHinN
Expecting the H&S too
JasonSong
@KonHinN, yes, I hope it will happen in the following days, and might just form a medium-term top. Also expecting an ABC wave pattern on D/W chart.
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