With the close of the Week Gold has presented with a H&S. R Shoulder as a consolidation to the highs of the shoulder.
2 Coarses of Action:
A. Break to the upside, and continue with the Bullish move. Looking for a break and re-test of previous structure
B. Continue with Consolidation and play the Consolidation to the downside with a TP at the Lows of the Consolidation...
WE SHALL SEE WHAT PRICE ACTION PRESENTS NEXT WEEK!!!!!
2 Coarses of Action:
A. Break to the upside, and continue with the Bullish move. Looking for a break and re-test of previous structure
B. Continue with Consolidation and play the Consolidation to the downside with a TP at the Lows of the Consolidation...
WE SHALL SEE WHAT PRICE ACTION PRESENTS NEXT WEEK!!!!!
