XAUUSD will rise to resistance

Updated
Chart shows a nice reverse H&S, closing a 4hr candle above both the neckline, and key level 1722.
We can expect a continuation to the 1765, and possibly even further to 1800 depending on the FOMC rate decision later today.
Comment
After a classic stop loss killer, market sentiments are very bullish in anticipation of the FOMC rate announcement in 5 min. Monitor this in case of any unexpected (increased) interest rate decision, in which case, exit the trade quickly.
Comment
Price has reached a third of the target TP. At this point, you can adjust your stop loss to the entry level of 1723 to be risk free on the trade. All the best!
Chart PatternsTrend Analysis

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