PiPumer

GOLD H&S Pattern is about to Complete

TVC:GOLD   Altın KFS'leri (US$/OZ)
Here in GOLD we still have a further decline technically as bearish trend as well H&S pattern which will take it to its final destination. Our Analysis is about its bearish move from its resistance around 1652 & the final destination to complete its bearish pattern as 1624 approx.
The Major part of GOLD weakness is due to the US strengthening as lastly in NFP & CPI the effects on GOLD were completely negative which fall market about 800 straight down.
Feragatname

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