Oro / Dollaro
Short

Gold - Potential H&S

55
On the intraday chart, Gold may be in midst of completing a H&S pattern.

Price has formed the right shoulder peak . A Neckline is discernable.

Momentum and Volume are in divergence to price. That is , there is a progressive decline in both as the price looks to form a third peak.

A short trade is considered

a. Aggressive - from this peak, with stop outside the ATH.

b. Conservative - from a neckline break.

Target is structural support below.

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