Head and shoulders pattern on 4H may mean another short for gold may be coming this week. Large bearish engulfing candles on the daily make this look very promising, but we will need to see further confirmation and a strength in the dollar this week to be able to catch gold going a lot more down. SELL???
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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.