XAUUSD possible buy zone!!
GOLD 4H has formed a reversal creating an inverted head & shoulder on the weekly support level. As the market is over-extended to the downside, it is highly probable GOLD to have a short-term reversal to the upside as the price had a strong bounce from the monthly and weekly levels. Upon retesting of the previous resistance as support on the neckline of the head & shoulder, a possible buy setup is highly probable.
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