Gold still has more room to the upside, but we might see a decline till 1740 levels first for the next wave up. An inverse HEAD & SHOULDER is also present with the RIGHT SHOULDER getting completed. We shall be looking to enter BUYS. As always before you enter a trade, exercise proper money management and risk what you are comfortable losing.
Note
Price can do another 300pip drop till 1721 for the next move UP
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.