Gold could be setting up a multible shs- stair-stepping down

Wednesday we saw the first shs setup-up and with neck line broken yesterday we see the result today. But it could be the first of multiple shs setting up for bringing down gold to around the 1000 area. But first thing first. With today's move we see another and bigger possible shs setting up as shown at the chart above. I'm short term neutral and longer term bearish until proven otherwise by price action. (That could be if a slanted ihs will be formed with a right shoulder setting up with a drop to around 1350 and price turns up from there.)
But as always... time will show. Safe trading Gents!
BM
But as always... time will show. Safe trading Gents!
BM
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这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。