BUY
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Decending wedge on uptrend and possibility of head and shoulder setup on 4 hr
Falling Wedge on Daily chart Overall Trend Is Uptrend thus we are looking to go long
We look for buying opportunity from point A to B, Selling opportunity from B to C, another Buying opportunity from C to D than We look for final entry of Going short when it retest the upward sloping trendline
Cup Formation, wait for W to complete than we go long
We wait for 3rd touch to be complete in the down trending channel We look for M pattern formation within the channel
price looking to retest previous support level than bounce back downward
Bullish Pennant Wait for Confirmation and Buy Outside Yellow top trendline
More longer wick shadows thus we might have to look for buying opportunities
XAUUSD has been on an uptrend and based on my 4 hour analysis I have more lower highs which concludes a trend continuation to the downside
