Head & Shoulder ≠ SELL. We still need to wait
Everyone seems to be selling because of the head & shoulders on the 4hr and under time frames. Remember TOP DOWN ANALYSIS IS KEY. The daily is showing a whole different story, so im going to wait till price reaches the highlighted positions and see how it reacts before making a decision. for now take a step back, gold caught out a lot of people out. also, bear in mind fundamentals as they can cause suddeb movements AND its christmas so markets wont be too active.
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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.