What extent gold could fall according to head and shoulders .
Gold price has fallen bellow key support after hawkish central bank comment.
On the daily charts, the rebound at the beginning of the month was feeble, retracing only 38.2% of the May decline. A measured price objective of the May downswing, points to a fall toward the 200-day moving average (now at about 1852).
Strategy:
short:1910
Stoploss 1930
target-1 1890
Target -2 1856.
Don't forget to follow me to get more update. Good luck
On the daily charts, the rebound at the beginning of the month was feeble, retracing only 38.2% of the May decline. A measured price objective of the May downswing, points to a fall toward the 200-day moving average (now at about 1852).
Strategy:
short:1910
Stoploss 1930
target-1 1890
Target -2 1856.
Don't forget to follow me to get more update. Good luck
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.