GOLD ON FREE FALL
So gold had drew a chart pattern called head and shoulder which is strong sell signal,often appears as "top"
Althought the H&S was bullish kind of chart,it still is H&S and now it is making "dip"
it has strong evidence behind the "dip"
1,it has touch the Fibonacci line.
2,It has touch the MA 200,which is strong and effective.often used as trend following indicator.
3,it has touched the neckline of H&S,Neckline is also a strong line.
therefore,Shoring XAUUSD makes you money.
Althought the H&S was bullish kind of chart,it still is H&S and now it is making "dip"
it has strong evidence behind the "dip"
1,it has touch the Fibonacci line.
2,It has touch the MA 200,which is strong and effective.often used as trend following indicator.
3,it has touched the neckline of H&S,Neckline is also a strong line.
therefore,Shoring XAUUSD makes you money.
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