XAUUSD is forming a H&S on the H1 timeframe, look to be short on a break of the neckline, this is backed up with divergence on the RSI.
We are also at the top of the bearish channel on the H4 timeframe.
We are also at the top of the bearish channel on the H4 timeframe.
Note
This is about to break on Monday.
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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.