Simple Trading: Head and Shoulders Pattern
With the price topping out at 3440, gold is now making a pullback to clear some LOWS. Watch 3375
If gold remains under 3375, the price may continue to fall. If Gold rebounds above 3375, we should see the price start to consolidate as buyers will try to take control.
**Keep in mind, the price has already made its way 50% to the target.
This entry is a higher risk**
Patterns Target: 3325
With the price topping out at 3440, gold is now making a pullback to clear some LOWS. Watch 3375
If gold remains under 3375, the price may continue to fall. If Gold rebounds above 3375, we should see the price start to consolidate as buyers will try to take control.
**Keep in mind, the price has already made its way 50% to the target.
This entry is a higher risk**
Patterns Target: 3325
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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.
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.