GOLD SELLS

Im looking to short gold, on the 1hr chart as its forming a head and shoulder pattern.
Confirmations for entry: Slow down in momentum for reversal, Doji or Engulfing candle.

If price keeps moving up strong I expect price to complete the ABC pattern and move to where D is located.
I will possibly post again for a bullish entry if price keeps moving north.

Yorum:

The title of this should be DXY SELL.

TP 2 can be moved to the 88.5 zone and SL moved to the first TP level.