XAUUSD chart
4-hour time frame
1. HS head and shoulder pattern
2. Continuation of the downward trend (low ceiling and low floor)
3. BEARISH FLAG pattern
4. There will probably be a move (test) to the 1935 area and the downtrend will begin
I will wait for the defeat of these declining areas
4-hour time frame
1. HS head and shoulder pattern
2. Continuation of the downward trend (low ceiling and low floor)
3. BEARISH FLAG pattern
4. There will probably be a move (test) to the 1935 area and the downtrend will begin
I will wait for the defeat of these declining areas
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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.