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Gold head and shoulder pattern neckline break !!!
Gold Spot / U.S. Dollar
Short
Gold head and shoulder pattern neckline break !!!
By smartstep78
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Updated
Jul 18, 2017
4
1
1
Jul 17, 2017
Gold broke the neckline of head and shoulder pattern and is testing the neckline on the daily.
Jul 18, 2017
Note
Though the neckline broken don't initiate a short now as the dollar weakness continues gold may test trendline above around 1248-50 area.
Jul 19, 2017
Note
Though the neckline broke prizes are retesting the right shoulder . Resistance area 1242-1254.
Jul 19, 2017
Note
tradingview.com/chart/D53vBgXq/
Chart Patterns
smartstep78
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