Gold waiting to breakout the neckline. XAUUSD 🪙
Hello guys, Everything is marked on the chart for you like always. The price is in trading range on the support level 1822-1833 and it actually make a head and shoulders reversal pattern, So we should waiting to break the neckline 1843-1847 and close 4H candle above that to enter buy position or at pullback to the neckline for lower risk. The targets will be 1865-1872-1880 and finally1889.
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Good luck.
If you like the idea, do not forget to support with a like and follow me for next analysis :)
Write your comment and opinion below to me
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