Gold: H&S as a continuation pattern
Following an impulse towards the downside, a H&S pattern formed (as a continuation pattern), confirmed by a cross and retest of its neckline and a further push down to complete the first price objective. The entire move is not complete however, another continuation pattern seems to be forming. What we will wait for is confirmation by a cross and retest, to take to the downside (as illustrated), with ray lines representing price targets.
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