Gold - Intraday - We look to Sell a break of 1819.7 (stop at 1833.3)
A bearish Head and Shoulders has formed.
The bias is to break to the downside.
Pivot support is at 1822.2.
A break of 1822 is needed to confirm follow through negative momentum.
Trading volume is increasing.
Short term MACD is moving lower.
Our profit targets will be 1776.4 and 1765.8
Resistance: 1845.0 / 1860.0 / 1870.0
Support: 1820.0 / 1800.0 / 1780.0
A bearish Head and Shoulders has formed.
The bias is to break to the downside.
Pivot support is at 1822.2.
A break of 1822 is needed to confirm follow through negative momentum.
Trading volume is increasing.
Short term MACD is moving lower.
Our profit targets will be 1776.4 and 1765.8
Resistance: 1845.0 / 1860.0 / 1870.0
Support: 1820.0 / 1800.0 / 1780.0
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