GOLD M15 Head and Shoulders

The GOLD M15 formed the Head and Shoulders pattern with the following features: The Head’s top is at 4850.47, the Neckline and the upward angle are at 4830.56/4832.94. The formation of this pattern can bring about changes in the current trend from bullish to bearish. In case the pattern triggers the expected changes, the price of GOLD will go towards 4832.71.