If we can hold the red zone highlighted and trade above it we may be coming to 1760-1800 now on GOLD.
Most certainly we need to hold above 1700 to remain in a uptrend here.
Head & Shoulder chart pattern on a daily time frame.
The right shoulder has not been formed as of yet.
I'm Swing Trading.
First target 1280 followed by 1300 before i expect a drop and look to go bearish.
SL 1239
**Note
I haven't decided to add long positions only due to this possible factor (not my main charts/analysis, just showing the bigger picture)....
