The M5 and M15 time frames may have more false entry points.
FX.co ★ GOLD M15: Head and Shoulders
Signal strength 2 of 5
GOLD M15: Head and Shoulders
The technical pattern called Head and Shoulders has appeared on the chart of GOLD M15. There are weighty reasons to suggest that the price will surpass the Neckline 2379.62/2379.71 after the right shoulder has been formed. So, the trend is set to change with the price heading for 2379.49.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade