Providing an update to our previous trade setup for Gold that outlined a potential Bearish Head and Shoulders setting off a fractal chain reaction of selling pressure. That scenario has played out as we predicted and we expect selling pressure to remain intact for the near term. We expect the bearish momentum to continue until we reach previous highs around the 1920's.
Never trade a pattern before it has completed and aways hedge your positions as appropriate.
Never trade a pattern before it has completed and aways hedge your positions as appropriate.
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