GOLD → be aware doesn't trick us!

Por melikatrader94
Actualizado
hello guys!

the price is hunted the last area is around $2337,
this seems like a hunt, not like an engulfing!

current state:

1- it formed a QM pattern and touched the target of the pattern!
2- the Qm pattern looks like H&S too!
3- at the upper time frame the main trend still is bearish and the descending channel has not broken yet!

forecast:

1- the price will touch the upper line.
2- afterward, it will start the downward movement.

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Operación activa
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imagen

it reacted very well
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seems it forming a symmetrical triangle pattern!

imagen
Operación cerrada: precio stop alcanzado
Beyond Technical AnalysisChart PatternsGoldgoldanalysishead_and_shoulderhuntmetalquasimodoTrend AnalysisXAUUSD
melikatrader94
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