melikatrader94

GOLD ⇒ two same patterns!

OANDA:XAUUSD   Gold Spot / U.S. Dollar
hello guys...

as you can see, two head and shoulders patterns happened, the first one experienced a weak breakdown so we cannot count on it!

the second one is a slope pattern so we should wait until the price breaks down strongly! then we can get a short position with these targets:

target1: 1996.4$
target2: 1981.7$

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Comment:

breakdown happened!
Trade closed: target reached:
the first target touched
Trade closed: target reached

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