James-LFA

Gold Short continued

Short
James-LFA Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Following on from my last Gold set up yesterday, I am currently holding Gold sells from the top, but here we have a 1h Head and Shoulders pattern, with a possible sell from the neckline retest. As usual await your own confirmations before entering.

N.B. This is also the 3rd touch of the descending trend line so adds further confluence for a big push down
Comment:
Update - no entry as no confirmation
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.