The swingers point of view XAUUSD

Head & Shoulder chart pattern on a daily time frame.
The right shoulder has not been formed as of yet.
I'm Swing Trading.
First target 1280 followed by 1300 before i expect a drop and look to go bearish.
SL 1239

**Note
I haven't decided to add long positions only due to this possible factor (not my main charts/analysis, just showing the bigger picture).

Feel free to Like/Comment cheers.

Commento:

Still holding onto longs from 1252.
Changed SL 1260


Patience pays off.

Trade chiuso: obiettivo raggiunto:

Success!
Closed all longs @1300
10,000+ pips

Curently:
Short from 1304
SL 1345

Expecting to see Gold to drop possibly towards 1170

Questions? Feel free to dm.
Trade smart.