GOLD market, golden structure
XAUUSD just gave us a perfect 3-touch breakout on the daily trendline and a pullback that has finished in an important S/R area where we can see that a Head & Shoulders pattern has been formed.
If we add the 4h and daily Stochastics and the rise of the USD against other currencies, we can see a potential short coming shortly.
If we add the 4h and daily Stochastics and the rise of the USD against other currencies, we can see a potential short coming shortly.
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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.