FX Analysis (2017-7-17)
XAUUSD just broke out a Head & Shoulder neckline inside the Structure Support Zone (Green Zone). We are looking for 1) a retest of the neckline or 2) a BO of current level for entry.
We also noticed major Structure Resistance (Red Zone) ahead. We shall close monitor XAUUSD when the price reaches this level.
XAUUSD just broke out a Head & Shoulder neckline inside the Structure Support Zone (Green Zone). We are looking for 1) a retest of the neckline or 2) a BO of current level for entry.
We also noticed major Structure Resistance (Red Zone) ahead. We shall close monitor XAUUSD when the price reaches this level.
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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.