Shivvy_28

XAUUSD Head and Shoulder Pattern Long

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
Overall still bearish on XAUUSD, however a inverse header and shoulder pattern is forming, my entry is on the 0.618 fib, TP at the -0.217 FIB around 1940.

This Risk to Reward is greater then 1:3.

I expect a gap down, then a move up during the course of the week.

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