CFDs on Gold (US$ / OZ)
Short
Updated

Gold H&S Reversal Pattern

556
Gold ready to start to correction to gain power at 1870-75 level with a H&S reversal pattern.

I am still bullish in the long term but observe and update my strategy daily.

I shorted Gold at 1904 and my target is between 1870-75.
Note
It came out quickly. We hit 1975.5. Continue to follow.
Trade active
Decided to hold my position and follow the price if it can find a support at Daily MA 200 which is 1840.
Trade active
snapshot

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