Kuruman_trader
Short buy then a sell A smart trader will wait for a neckline break out then sell.Gold might not respect this head and shoulders but it will surely head the expected direction which is a short...Due to the effect of COVID 19 gold did not respect the daily first level of touch down but still went in the expected direction.
SELL GOLD vs USD Gold forms a head and shoulders in H4 time frame,sell now and sell more when the the right shoulder is confirmed in a daily chart,Sell more when the Head is confirmed on the monthly chart.
It is a hold for months...so enter now so that tomorrow's fundamentals will have a small negative impact on your trades and a very great one....Shall Fundamentals go sell Enter with a maxime lot size and hold until next week