DariusFxTrading

Gold short - Head and Shoulder, Trend Line, Structure

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello Traders!

On Gold I see a nice potential short setup. We can see that the market created a Head and Shoulders Pattern. Afterwards the price gave us a sharp movement to the downside. But also previously the market retested the Trend Line after the Trend Line break. Right now we are at very strong level of Support. From here I do expect that the market will give us a push to the upside. Afterwards I do expect the continuation of the downtrend.

What do you think?

- Darius

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