Here is a reverse head and shoulder pattern about to form on XAUUSD
I expect price to breakout of the trendline, complete the H&S pattern formation, and to continue to go up to 2060.
As seen on the chart, this a daily candle. Therefore this prediction is not something that will happen in hours.
What do you think?
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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.