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UnknownUnicorn3523782

More Pain Coming To Gold and Mining Stocks

Short
CFDs on Gold (US$ / OZ) (TVC:GOLD)  
UnknownUnicorn3523782 Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
Chart Patterns Head and Shoulders Gold goldtrading JNUG NUGT GDXJ goldusd goldanalysis goldshort
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chartpattern headandshoulders gold goldtrading jnug nugt gdxj goldusd goldanalysis goldshort
Beware! XAUUSD GOLD JNUG GDXJ

Recent confirmation of neckline on daily head and shoulders pattern indicating significant drop in gold is imminent.

A breach of this neckline will invalidate the pattern and the sell opportunity.


Sell gold here Target price to 1215

Trade active:
Likely to find a small bounce at the 1255-57 levels. At TP of 1215 it will be time to start buying the real stuff again. Afraid this DXY ship will be sinking shortly after. .
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Trade active
Trade active

Related Ideas

UnknownUnicorn3523782
Head, Shoulders, Knees, and Toes. With confirmation
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