Gold vs USD
A head and shoulder pattern can be formed in the next few days if the price respects the trend line before the price falls.
Shows a gradual weakening of the bull's momentum in the high time frame (weekly and month) because its highest price (triple top) has been reached again. So it is possible for the price to drop until it reaches its low price and the bull trend can be respected in the weekly and month time frame.
Shows a gradual weakening of the bull's momentum in the high time frame (weekly and month) because its highest price (triple top) has been reached again. So it is possible for the price to drop until it reaches its low price and the bull trend can be respected in the weekly and month time frame.
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