Trading Idea - Gold is forming Harmonic Pattern

[laprihat]

Gold is possible to form a Bearish Black Swan harmonic pattern, and if price goes below 1747 then will be continued with shark pattern. It's only my idea, hopefully will be happened.

 

[ogma]

Good traders don't hope. Just follow what the charts tell you, but never hope.

 

[Xinjuan]

Good traders don't hope. Just follow what the charts tell you, but never hope.

You mean price action?

 

[ogma]

You mean price action?

Yes, exactly! To trade effectively you must remove any ideas of hoping for something to happen. This will cause you to take bad trades or hold onto losing trades. Follow the price action or you are just guessing.

 

[johnw]

@laprihat, Do you use some harmonic scanner for analysis??