$Gold - NOT a head and shoulders yet

974
Great example of why waiting for the momentum is so important.

Right now, the trade plan makes sense from a technical perspective but as long as 1245 holds, there is no reason to sell.

Price has bounces multiple times here.

Price made a lower high but NOT a lower low yet and price is trading just at a previous market top. A break below 1245 could mean more selling. A bounce will cancel this trade idea.

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.