XAUUSD
Monthly
Double Top
Shooting star Candlestick confirmation
Weekly
(Same as Monthly)
warning - Did not close below 38.2 Fib Level
4HR
Head & Shoulders Pattern
1HR
Descending channel with a 3rd Touch to top channel
15Min
Descending channel
NOTES:
Possible short entry (15 Min) if price retests closest resistance (Minimize Risk), watch out for possible bounce points which can cause retracements, which can in turn break the upper channel line, otherwise possible multiple entries for the short.
Double Top
Shooting star Candlestick confirmation
Weekly
(Same as Monthly)
warning - Did not close below 38.2 Fib Level
4HR
Head & Shoulders Pattern
1HR
Descending channel with a 3rd Touch to top channel
15Min
Descending channel
NOTES:
Possible short entry (15 Min) if price retests closest resistance (Minimize Risk), watch out for possible bounce points which can cause retracements, which can in turn break the upper channel line, otherwise possible multiple entries for the short.
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