This chart represents an analysis of XAUUSD (Gold/USD) on a trading platform. It highlights a "Head and Shoulders" pattern:
Left Shoulder: Formed with an initial price rise and fall.
Head: Higher peak in the middle of the pattern.
Right Shoulder: A subsequent smaller rise and fall, symmetrical to the left shoulder.
The pattern suggests a potential reversal. A projected target is marked below the current price level, indicating bearish expectations once the neckline (connecting the two shoulders) is broken. The setup implies selling pressure might dominate if the pattern completes successfully.
Left Shoulder: Formed with an initial price rise and fall.
Head: Higher peak in the middle of the pattern.
Right Shoulder: A subsequent smaller rise and fall, symmetrical to the left shoulder.
The pattern suggests a potential reversal. A projected target is marked below the current price level, indicating bearish expectations once the neckline (connecting the two shoulders) is broken. The setup implies selling pressure might dominate if the pattern completes successfully.
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✅ Provide Gold And All Pair Signals
✅ Minimum 1000 to 1500 Pips Weekly Target
✅ 97% Accuracy
✅ Account Management Service Available/Profit Share 50/50
t.me/FOREX_BRIGHT_FUTURE1
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.
✅ ✅ Perfect Signals Provider With 90% Accuracy
✅ Provide Gold And All Pair Signals
✅ Minimum 1000 to 1500 Pips Weekly Target
✅ 97% Accuracy
✅ Account Management Service Available/Profit Share 50/50
t.me/FOREX_BRIGHT_FUTURE1
✅ Provide Gold And All Pair Signals
✅ Minimum 1000 to 1500 Pips Weekly Target
✅ 97% Accuracy
✅ Account Management Service Available/Profit Share 50/50
t.me/FOREX_BRIGHT_FUTURE1
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.