KaisMarket

XAUUSD Reversal pattern emerging

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Looking at a right shoulder formation? Inverse head and shoulder with a break out the down channel.

- Break above 1800 confirms long to next res @ 1896
- Key fib 1896
- Short term rising wedge to keep gold in reversal pattern
- Short term sell break of rising wedge on smaller TF
- Long term buy break and close above 1800 level to confirm more upside

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