AFTER ENJOYING ALL TIME HIGHS RECENTLY, GOLD RETRACES TO THE BIGGEST LOSS OF SEVEN YEARS. YELLOW METAL CHART MAY FORM CLASSIC REVERSAL PATTERN HEAD AND SHOULDERS. CURRENTLY CHART IS TRADING AT NECK LINE AREA OF PATTERN, WHICH MAY PUSH LITTLE BIT HIGHER FOR FURTHER DECLINES TOWARDS THE TARGET OF $ 1800 (MEASURED MOVE AS PER HEAD AND SHOULDERS FORMATION.
LOOK FOR SELL ENTRY AROUND $ 1963 TO $ 1980
STOP LOSS: 2013
TARGET $ 1800
LOOK FOR SELL ENTRY AROUND $ 1963 TO $ 1980
STOP LOSS: 2013
TARGET $ 1800