Head & Shoulders Pattern on Daily Chart for Gold

Gold has formed a  head and shoulders pattern on the  daily chart . Price action is  bearish when both  MACD and  RSI indicators confirm bearishness. Price is about to test neckline support at 1281-1284. If price breaks down under neckline, further selling can trigger.  
Best strategy is to sell once price breaks down and re-tests neckline. 


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