Gold Downward Trend Reversal Gold Trading Strategy

Reverse Head and Shoulders Trading Pattern Reversal XAUUSD Trading Signals

This is a downward reversal head and shoulders trading pattern that forms after an extended Gold Trading downward trend. It resembles an upside-down head and shoulders chart pattern.

This reversal gold reversal trading strategy pattern is considered complete once xauusd price penetrates above the neckline, which is drawn by joining these two peaks between the reverse shoulders pattern.

This reversal gold reversal trading strategy pattern is confirmed once the xauusd price moves above the neckline

Summary:

• This reversal gold reversal trading strategy pattern forms after an extended move downwards
• This reversal gold reversal trading strategy pattern indicates that there will be a reversal in the xauusd market
• This reversal gold reversal trading strategy pattern resembles is upside-down, thus the name Reverse.
• We buy when price breaks above the neckline point: see the trading chart below for explanation.

Gold Downward Trend Reversal Gold Trading Strategy - Reverse Head and Shoulders Chart Pattern

Gold Downward Trend Reversal Gold Trading Strategy - Reverse Head and Shoulders Chart Pattern