Gold is drawing a global "Head & Shoulders" pattern. Does it mean that the market is turning around?
1) The price begins a correction and passes the main density zone 2) If the price goes below 1901.7, it will open the way to 1879. 3) The 1901 zone is a strong support, there is a chance of a pullback to the density peak of 1910 4) In the future there is a possibility that the correction might continue up to 1879
At the moment it is acceptable to use sales, if the price will go into the critical zones - consolidation below 1910 - consolidation below 1901