Reverse Head and Shoulder for Gold
On the daily timeframe, there is a clear reverse head and shoulder pattern. If anything, it suggests that gold is about to take a massive leap into the 1900s. Of course, this can be wrong, but from what I have seen, H&S patterns are generally pretty reliable. The obvious strategy would be to go long, but wait until it meets the neckline, just to ensure no one is stopped out.
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