XAUUSD bullish scenario
The weekly chart has closed with a pin bar leaving a large wick. Also, there is a possible inverted Head & Shoulders is in formation.
We can expect some Retracement this week possibly to 1735 then a push back up. If we drop below 1720 then 1687 the inverted H&S pattern is negated.
We can expect some Retracement this week possibly to 1735 then a push back up. If we drop below 1720 then 1687 the inverted H&S pattern is negated.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.