Hello fellow traders and investors,
XAUUSD making a textbook head and shoulders on the 4H timeframe and the target below the neckline is very interesting. We can see the price might find support once again at the linear uptrend channel, but to get there we must breach the neckline first.
Good luck and don't forget to give us a thumb if you like our analysis! If you have any questions or want us to analyse a specific pair, feel free to contact us.
Regards, ValescoTradingGroup
XAUUSD making a textbook head and shoulders on the 4H timeframe and the target below the neckline is very interesting. We can see the price might find support once again at the linear uptrend channel, but to get there we must breach the neckline first.
Good luck and don't forget to give us a thumb if you like our analysis! If you have any questions or want us to analyse a specific pair, feel free to contact us.
Regards, ValescoTradingGroup