Gold target 1453.24
Updated
Gold shows a reversal pattern which is a head and shoulder building , so it will be true valid on breaking the 1749 level of expected neck line and so will give a 1st target at 1590 then 1453.24 ..
Pure price action ..
On neck line cleavage .. it is better to short and if not , it is recommended to short on retest of neckline as a pullback .. then it is likely to continue to 1453.24 ..
Pure price action ..
On neck line cleavage .. it is better to short and if not , it is recommended to short on retest of neckline as a pullback .. then it is likely to continue to 1453.24 ..
Trade active
The neckline is now cleaved strongly .. it means that target may be closer than expected ..Best wishes
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