GOLD: Potential Short

potential short trade on GOLD.
on 4h we see a very nice bearish engulfing candle.

on 1h we see a head and shoulders pattern formation.

IF 1H candle closes below the neckline, for us it will be a signal to sell the market.
T1 - 1448
T2 - 1435

IF the market sets new higher high the order will be canceled and setup will be invalid.

Order storniert:

Invalid setup