Xauusdshortsetup
XAUUSD if you gonna take tis trade 2% of you acc pleasit is for me or the market its is impossible that if the market make 2k pips in just short of time 3days that he needs to recorrect it self at least 50% - 61% fib if he do that in long term at least it wil take 2 or 3 week to get there.... have a nice day.
GOLD HEAD AND SHOULDERS PATTERN - WILL BEARS SUCCEED?Hey traders,
On the H1 charts for Gold I see a Head and Shoulders pattern that has formed.
If price can break the neckline I see price going down until about 1435 or until we see signs of reversal.
Simple technical analysis and price action.
Risk management is king.
