Taguspt

Head and shoulders in the making

Long
Taguspt Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold had a very strong reaction to the 1900 area and is sitting just below 1910.

In the 1H timeframe it may be developing a head and shoulders pattern. If confirmed, it will provide a good move up to at least 1920 again and eventually much higher.
Trade closed manually:
Just closed the trade for a nice 15% profit just before the weekend. No more trading until monday :) Have a nice weekend everyone.

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