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MMBTtrader
Mar 3, 2021 6:15 AM

XAUUSD completing head and shoulder and will rise soon๐Ÿš€ ?ย Long

Gold/U.S. DollarFXCM

Description

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As we can see this time we can expect falling to 1720 and start to reach our targets :
a.1760
b.1780
for now and that would be head and shoulder pattern too if get complete even we can expect great movement started from now too .

so
Green paths :are what we expect to reach our targets but we should consider it that Gold is Bearish now so
Red paths: if new support on 1707 break and retest complete then we would expect target 1660 that is strong daily support too .

some previous analysis that were all bearish is :


and..


<<Traders comment below and let me know your thinking about this analysis even simple ((agree)),((not sure))>>
Comments
Haideralshal
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Retest completed congrats! now up or gold continue falling because of bitcoin interest. What do you think?
MMBTtrader
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@Haideralshal, no breakout in support (with retest ) so we are still in bullish scenario

1700 should break then retest get completed then we would look for bearish
Haideralshal
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@MMBTtrader, I understand now! thx a lot you are amazing
MMBTtrader
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@Haideralshal, most welcome
Miska_Fx_Millionaires
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I love it
MMBTtrader
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ProjectSyndicate
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good deal, I like that, excellent setup.
MMBTtrader
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