Gold Downwards Trend Reversal Strategy

Reverse Head and Shoulders Trading Pattern Reversal Trading Signals

This is a downward reversal head & 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 neckline, which is plotted by joining these 2 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 strategy pattern forms after an extended move downward
• This reversal gold reversal strategy pattern indicates that there will be a reversal in xauusd market
• This reversal gold reversal trading strategy pattern resembles is upside-down, thus the name Reverse.
• We buy when price breaks-out above neck line point: see the trading chart below for explanation.

Gold Downwards Trend Reversal Gold Strategy - Reverse Head & Shoulders Pattern

Gold Downwards Trend Reversal Gold Strategy - Reverse Head & Shoulders Pattern