GOLD SHORT: overbought market

Short

Gold Spot / U.S. Dollar (FX:XAUUSD)

Updated

FX:XAUUSD Gold Spot / U.S. Dollar

Trend Analysis Chart Patterns Technical Indicators Metals Commodities futures options Gold Technical Analysis trading

trendanalysis chartpattern indicator metals commodities futures options gold technicalanalysis trading

snapshot

short gold with confirmed breakout of a neckline of head and shoulders pattern.

T1 - 1294
T2 - 1289

Comment:

retest of the neckline and now market is going down

Comment:

T1 reached

Trade closed: stop reached:

Stop hit after reaching the first target

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