lrabdo

Next week - High setup probabilities on GC1/XAUUSD

OANDA:XAUUSD   Gold Spot / U.S. Dollar
A simple analysis of the gold market based on market structure, next week gold could continue down to the buy zone, then I expect it to rise to fill the imbalance and form a head and shoulders pattern, after which we'll have a high probability configuration for the downside.

What do you think?

Follow for more.

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.