XAUUSD:Head and shoulders, short
At present, the market has reached the resistance level again. From the indicator point of view, there is still room for growth. For the time being, we will observe the 2277-2289 range. The support will first be around 2263, followed by 2256-2252.
If it falls below, consider around 2232. At that time, the pattern may be head and shoulders, which also means a sharp decline. For the rest of the week, the focus will be on Thursday’s NFP data. Once it is beneficial to the short side, it will fall below 2200.
