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forexscorpion
Jan 31, 2021 4:32 PM

XAUUSD - DAILY 

FOREXCOM:XAUUSD1D
Gold / U.S. DollarFOREX.com

Description

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GOLD (XAUUSD) - Head and Shoulders inside a downtrend channel. Possible Outcomes.
1. No break of the H&S neckline - Breakout.
2. H&S neckline breakout 1820.00 to 1700.00
Trend AnalysisChart PatternsWave AnalysisGoldXAUUSDForexfxscorpionforexscorpion
Comments
Prasad_Ari
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Gold is bullish on the Shorter Timeframe, at this time most likely it will bounce off from the Support (Neck) Line.. Trade with caution!
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