shivam94_007

Gold looks bearish for the upcoming week with HS pattern

Short
shivam94_007 Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
Description as in title. Wait for breakdown and retest of the neckline to take a position.

Disclaimer : Not a financial advice. I have a short position already since yesterday.
Trade active:
The gold has triggered the Head and Shoulders pattern today. Watch out for tomorrow. If the Neckline of the HS pattern is retested and it holds , good place to initiate shorts
Order cancelled:
The Head and shoulders failed on backline retest, invalidating the setup in this idea. Always wait for retest to neckline to validate the Head and shoulders pattern
Comment:
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