Gold..Nothing broken post FOMC

Zaktualizowano
Gold held above 1484 and had continued climbing higher on a wall of worry. Nothing broken for now.

Gold should be able to make a move to complete the right shoulder of the H&S at the minimum.

ATHs of 2019 not ruled out if there's a hard squeeze of bears shorting at the next shoulder.

Net net Up first before rolling over to fresh lows, or even back to retest Gold breakout at 1370-1380 region
Uwaga
Right shoulder should be completed by 25 Sep if the Left shoulder symmetry is observed.
Uwaga
On track so far
Uwaga
Looks like Gold's turn is here....Gold is going down from here on. It will be a quick furious move down to low 14xx.
Uwaga
Neckline is broken...Down She Goes!
Chart Patterns

Wyłączenie odpowiedzialności