WaveTrends

Xau/Usd Sell Idea

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold had a swing low earlier in the week. It was a sell trade I posted as a signal in the chat room.
Gold then started to have a pullback for the rest of the week.
Now that pullback looks to be finished because we see a Head And Shoulders Reversal Pattern at the top of this pullback.

I believe it will be a sell VERY SOON.

so.... one last time

1. A big swing low happened on the earlier time frames
2. A pullback happened all week.
3. Now gold has a reversal chart pattern called " Head and Shoulders" and this pattern is a reversal pattern.
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