The swingers point of view XAUUSD
Updated
Head & Shoulder chart pattern on a daily time frame.
The right shoulder has not been formed as of yet.
I'm Swing Trading.
First target 1280 followed by 1300 before i expect a drop and look to go bearish.
SL 1239
**Note
I haven't decided to add long positions only due to this possible factor (not my main charts/analysis, just showing the bigger picture).
Feel free to Like/Comment cheers.
The right shoulder has not been formed as of yet.
I'm Swing Trading.
First target 1280 followed by 1300 before i expect a drop and look to go bearish.
SL 1239
**Note
I haven't decided to add long positions only due to this possible factor (not my main charts/analysis, just showing the bigger picture).
Feel free to Like/Comment cheers.
Note
Still holding onto longs from 1252.Changed SL 1260
Patience pays off.
Trade closed: target reached
Success!Closed all longs @1300
10,000+ pips
Curently:
Short from 1304
SL 1345
Expecting to see Gold to drop possibly towards 1170
Questions? Feel free to dm.
Trade smart.
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