Gold Bearish Head and Shoulders Activated
Today we triggered a big SHS pattern on the charts, dollar is surging and has an active inverse SHS towards 111 region.
Target for the gold pattern is around 1500 area which is also coinciding with previous resistance and near Fibonacci retracement. That would be a great place to open a good RR trade long, but for now this is short for me. Unless some crazy manipulation, we should be dipping and bulls should be panicking especially when we reach 1500 level, which would be great for new buyers who want to take old holder's gold on the cheap... Just some ideas, nothing is certain good luck with your trades.
Target for the gold pattern is around 1500 area which is also coinciding with previous resistance and near Fibonacci retracement. That would be a great place to open a good RR trade long, but for now this is short for me. Unless some crazy manipulation, we should be dipping and bulls should be panicking especially when we reach 1500 level, which would be great for new buyers who want to take old holder's gold on the cheap... Just some ideas, nothing is certain good luck with your trades.
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。