Gold update: Head & Shoulders could emerge
I combined both H&S pattern with EW analysis.
On EW side we see the 1st impulse down and now we are in a pullback ABC.
The C wave is pending. It is probably the initial move down in gold within a huge drop down
at least we could see 1200 again and it depends on what structure would unfold then.
Pattern is simple and we should watch the breakdown of the Neckline.
Target is at 1409.
On EW side we see the 1st impulse down and now we are in a pullback ABC.
The C wave is pending. It is probably the initial move down in gold within a huge drop down
at least we could see 1200 again and it depends on what structure would unfold then.
Pattern is simple and we should watch the breakdown of the Neckline.
Target is at 1409.
Trade fermée manuellement
pattern has not been developed as planned
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.