WaveTrends

Xau/Usd looking like a h&s pattern!

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OANDA:XAUUSD   黄金现货/美元
To me , gold looks like it is forming a head and shoulders correction pattern on the 4 hour time frame! I am not going to trade this....
This is just a simple analysis!
The big move usually comes after a correction like this.

If you wanna know more about how to trade a head and shoulders pattern, there are lots of free information online that can teach you the correct way.
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