Gold is forming Head and shoulder pattern
Gold is forming head and shoulders patterns. I believe the price of gold will drop to reach 1542.5 as shown in the above chart. The pattern completed all its formation process as shown in this blog. The setup for this trade is as below:
Sell price = 1568.1
Take profit = 1542.5
Stop-loss = 1577.3
Good luck for you all :)
Sell price = 1568.1
Take profit = 1542.5
Stop-loss = 1577.3
Good luck for you all :)