Possible HEAD & SHOULDERS PATTERN FORMING on gold. If price can break the blue rectangle (neckline). Wait for price to retrace and retest before going further down. Gold is due for a retracement, however you NEVER know what price is going to do, so it may continue to go up.
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Price has broken through the neckline!
评论:
Price retested the neckline and failed, neckline is now acting as support.