How Do I Read Head and Shoulders Chart Pattern?

A Head and Shoulders chart pattern is a bearish trend reversal trading signal that trading signals the current upward gold market trend is about to reverse once the Head and Shoulders xauusd trading pattern is confirmed.

The Head & Shoulders chart pattern is a pattern with three consecutive highs where the second high is slightly higher than the first & third high which signals the upward trend is losing momentum & if the xauusd price of gold falls below the support zone which is the two lows between the 3 highs then the Head & Shoulders chart pattern is considered to be confirmed and the xauusd price of gold changes to a bearish trend.

How Do I Read Head and Shoulders Chart Patterns?