FX:XAUUSD   Gold Spot / U.S. Dollar
Monthly : Strong momentum downtrend

Weekly : Bearish Engulfing

Daily : Head and Should pattern ( retest neckline )

H4 : Fibo zone 0.5 and 0.618

H1 : SNR

Please make sure there are confirmation in lower timeframe before entry.
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.