HI. as you can see in the chart,
a head and shoulders pattern is in construction, we are waiting for the gold prices to move up again to 1979 zone where sells orders are set for a final target around 1922.
NB : gold can also break 1960 directly without forming the right shoulder, but it is not a strong option at the moment, so we do nothing but wait to reach our level for sell at 1979.
good luck !
a head and shoulders pattern is in construction, we are waiting for the gold prices to move up again to 1979 zone where sells orders are set for a final target around 1922.
NB : gold can also break 1960 directly without forming the right shoulder, but it is not a strong option at the moment, so we do nothing but wait to reach our level for sell at 1979.
good luck !