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PetrBorosh

GOLD - head and shoulders pattern

Short
Gold Spot / U.S. Dollar (SAXO:XAUUSD)  
PetrBorosh  
SAXO:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Fibonacci Head and Shoulders
7
1
trendanalysis fibonacci headandshoulders
- Gold rallied after the war in Gaza started, which is usual reaction,
- Markets have the Golden Fish type of memory, so it will forget the above instantly
- Price fgets to the resistance at $1959, which is respected, may become a right shoulder of the HAS pattern
- Potential aggressive SHORT entry, if supply appears
- target $1810
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