XAU/USD - Potential Head & Shoulders Pattern Forming 🔍
A possible Head and Shoulders pattern is taking shape on the 2H chart. With the right shoulder now forming and price nearing resistance, this setup could indicate a short opportunity.
🎯 Short Target: 3,304
🛑 Stop Out: 3,370
This setup offers a clean risk-to-reward ratio. Let’s see how price reacts in the coming hours!
💬 Drop your thoughts in the comments – do you agree with this setup? Let's support each other with ideas!
👍 Don’t forget to like and share if you find this helpful – your support means a lot!
A possible Head and Shoulders pattern is taking shape on the 2H chart. With the right shoulder now forming and price nearing resistance, this setup could indicate a short opportunity.
🎯 Short Target: 3,304
🛑 Stop Out: 3,370
This setup offers a clean risk-to-reward ratio. Let’s see how price reacts in the coming hours!
💬 Drop your thoughts in the comments – do you agree with this setup? Let's support each other with ideas!
👍 Don’t forget to like and share if you find this helpful – your support means a lot!
Trade closed manually
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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.