XAUUSD #Team Head and shoulders or bullish break out
Looking at price at this moment, it looks like its forming a head and shoulders. Most people have now ruled this out in the morning but price has formed a bit more since then and is giving us a picture that we might be possibly creating a right shoulder as its currently found support/neckline with bullish candles...if not. a bullish breakout. (on smaller timeframes such as 30mins, will not look the same but looks more of a range than a pattern)
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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.