XAUUSD Head and Shoulders Top / Lower Prices Expected / H4
XAUUSD moved up from the Wedge Trendline ( related to my previous analysis ).
It created right shoulder and then got reversed down from there.
Strong bearish momentum right now + Breakout of Wedge so lower prices expected.
$1787 bottom of possible trading range and the beginning of the wedge $1765 can be bears target.
**This is not an investment advice. Your capital might be at risk.**
Give me your idea on comments...
Good Luck...
It created right shoulder and then got reversed down from there.
Strong bearish momentum right now + Breakout of Wedge so lower prices expected.
$1787 bottom of possible trading range and the beginning of the wedge $1765 can be bears target.
**This is not an investment advice. Your capital might be at risk.**
Give me your idea on comments...
Good Luck...
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.
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.