XAUUSD - HEAD AND SHOULDER

XAUUSD

XAUUSD is creating a reversal pattern (HNS) in H4.
Aiming for a Buy at 1951.5 (PRICE IMBALANCE) as price needs to up.
But the price did not whipsaw, respecting the classic resistance at 1965.

NOW AIMING FOR SELL ON STRENGTH AT 2005
CONFLUENCE -
1. FIBO CLUSTER
2. RESISTANCE (RIGHT SHOULDER)
3. OB ZONE

SELL LIMIT - 2005
TP 1 - 1950
TP 2 - 1920
SL - 2010

Kommentar:

HNS becoming UNIDEAL,
If HNS fails, continuing BULLISH TREND H4
aim BUY - 1947-1950, TP - 2050
CONFLUENCE
1. EMA 90 H4
2. Fibo Cluster H4
3. Classic Resistance

Kommentar:

BUY LIMIT (REACHED) - 1947
REVISED TP - 2000
SL - 1942

Trade geschlossen: Stop wurde erreicht:

HIT SL - 1942

I've posted an update on XAUUSD. Go check out my analysis for XAUUSD.