Overall still bearish on XAUUSD, however a inverse header and shoulder pattern is forming, my entry is on the 0.618 fib, TP at the -0.217 FIB around 1940.
This Risk to Reward is greater then 1:3.
I expect a gap down, then a move up during the course of the week.
This Risk to Reward is greater then 1:3.
I expect a gap down, then a move up during the course of the week.
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Learning every day!
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.