We can see that gold is heading to daily support.
However i am staying very neutral, because i want to see how this daily candle is going to close.
There is a possible Head and Shoulders in play, as we need to be careful for that.
Very nice opportunity's heading in our way.
IF this neckline can hold there is a nice long opportunity in play
IF this neckline doesn't hold there is a short opportunity in play with next support +- 1260.
However i am staying very neutral, because i want to see how this daily candle is going to close.
There is a possible Head and Shoulders in play, as we need to be careful for that.
Very nice opportunity's heading in our way.
IF this neckline can hold there is a nice long opportunity in play
IF this neckline doesn't hold there is a short opportunity in play with next support +- 1260.
Taking 50% profits here and will let the rest run.