XAUUSD Spot Gold Daily
Gold formed a Head & Shoulders and attempted to break the neckline at 1483. It immediately retested the neckline and went on to form small double top. Since both of those patterns, Gold made a inside day bar. That compounded with the Head & Shoulders as well as the small double top should ultimately push Gold lower.
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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.