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chriswbailey chriswbailey XAUUSD, D,
XAUUSD: GOLD USD 'BIG PICTURE' Daily H+S Reversal Pattern
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XAUUSD, D
GOLD USD 'BIG PICTURE' Daily H+S Reversal Pattern

Head and shoulder reversal pattern drawn on the chart. Price is falling toward the neck line (resistance turned support) which is confluent with the 50-61.8% retracement area. Possible Long set up, will see how this one plays out.

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