Head & Shoulder chart pattern on a daily time frame.
The right shoulder has not been formed as of yet.
I'm Swing Trading.
First target 1280 followed by 1300 before i expect a drop and look to go bearish.
SL 1239
**Note
I haven't decided to add long positions only due to this possible factor (not my main charts/analysis, just showing the bigger picture).
Feel free to Like/Comment cheers.
The right shoulder has not been formed as of yet.
I'm Swing Trading.
First target 1280 followed by 1300 before i expect a drop and look to go bearish.
SL 1239
**Note
I haven't decided to add long positions only due to this possible factor (not my main charts/analysis, just showing the bigger picture).
Feel free to Like/Comment cheers.
Trade closed: target reached:
Success!
Closed all longs @1300
10,000+ pips
Curently:
Short from 1304
SL 1345
Expecting to see Gold to drop possibly towards 1170
Questions? Feel free to dm.
Trade smart.
Closed all longs @1300
10,000+ pips
Curently:
Short from 1304
SL 1345
Expecting to see Gold to drop possibly towards 1170
Questions? Feel free to dm.
Trade smart.
Changed SL 1260
Patience pays off.