Gold has been forming a head & shoulders pattern since the beginning of the year that peaked at resistance of a longer term descending channel. If we see a bounce down from the head and shoulders resistance somewhere between $1235 and $1240, that will make a good case to go short. If you're aggressive, you can short the bounce off resistance, and the more conservative trader could short upon completion of the pattern around $1200. In that case, expect a move down to at least $1125 at December support levels, but possibly further to the bottom of the channel.
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.