Gold ran some of my stops this morning at 1890. The last of my stops for this trade are at 1865.
It appears it is forming a right shoulder of a much larger H&S pattern.
Gold historically does well in January, so I will stick out this position. A break above 1960 and I will add more longs. With a break below 1905 this morning, I do not plan on adding any more long positions at this point. I may exit this trade if it does not recover above the 1905 level by the end of today.