Gold - Retracement Expected
Gold has hit All Time High. Now it's ranging near the ATH.
In Lower Time Frames, Goldd is trying to form reversal patterns to start the retracement ahead of FOMC.
Trendline and Head Shoulder pattens are visible in the formation of GOLD.
I'm expecting a retracement to atleast 50% fib levels.
In Lower Time Frames, Goldd is trying to form reversal patterns to start the retracement ahead of FOMC.
Trendline and Head Shoulder pattens are visible in the formation of GOLD.
I'm expecting a retracement to atleast 50% fib levels.
Trade closed: target reached
Head & Shoulder target reached
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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.