XAUUSD has formed The head and shoulders pattern which is a confirmation for a buy , This chart pattern shows us a significant bullish move when it breaks out and retest the pattern as shown. i can gladly say we have the perfect confirmation to take advantage of the bullish run. By strategically placing a buy position, we can ride the upward bull run as Gold aims for new high.
my initial take profit target is set for 1957(key level) where resistance may be tested. a break beyond that we are looking at 1976 .
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my initial take profit target is set for 1957(key level) where resistance may be tested. a break beyond that we are looking at 1976 .
please comment like and share if you find this useful