Trade setup: XAU/USD analysis
price is currently trading at the highs of $1340, an obvious head and shoulder reversal pattern has been formed, and candlestick is forming a potential C pattern at the key barrier before possibly rallying towards targeted zones of $1320 and then lower towards our D extension price region.
- Risk reward is great, as usual, is 1:3
- Risk reward is great, as usual, is 1:3
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