Gold Short Opportunity, Still in corrective phase

Gold rejected yet again above that major trendline around 1912.
This opens up a short opportunity.
I will be looking for a retest and resumption downward on the 8 Hrly candles, following one of the two paths (pink or yellow)

ความคิดเห็น:

Just noticed it also might have formed a double top, which will take it down to around 1850

ความคิดเห็น:

Head and Shoulders. Measured move takes it to my first target

ความคิดเห็น:

Played out to a T

Looks like it will continue down to the lower target too, but have taken some profits for now.