Short

GOLD Head & Shoulders Pattern Done ,Can We Sell & Get 500 Pips ?

Here is my 30 Mins Chart On GOLD Again The price Created a very clear reversal pattern ( Head & Shoulders ) and the price made a very good bearish price action now but the price still not confirmed the pattern by closing below the neckline. so we can enter a sell trade when the price close below it and go back to retest the broken neckline to can use a small stop loss , when we have a retest for the broken neckline give us more confirmation to be sure it`s a real breakout so we can use a decent stop loss , and we can targeting from 200 to 400 Pips with a decent stop loss . if we have a daily closure above our neckline then this idea will not be valid anymore .

Reasons To Enter :

1- Clear Reversal Pattern
2- Clear Bearish Price Action .
3- Bigger T.F Giving Good Bearish P.A .
4- Breakout Confirmed.
5- Pattern Confirmed .

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