Gold Forms Inverted Head & Shoulders: Reversal Signal!

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After a short-term corrective decline, the $4,000 level has triggered strong BUY momentum, creating a clear price rebound at the end of yesterday's session. The increase in buying volume indicates that the BUY side is returning to the market after several sessions of being pushed down.

📊 Prominent Technical Structure

On the 2H chart, gold is completing the Inverted Head & Shoulders pattern – one of the strongest bullish reversal patterns.
• Head: liquidity bottom at 4,00x
• Two shoulders: forming symmetrically with good bounce
• Neckline: area 4,101–4,102, currently a key resistance

Price is likely to:
1️⃣ Slightly adjust to the neckline area or BUY ZONE 4,044–4,046
2️⃣ Retest – Accumulate – Confirm breakout
3️⃣ Break out towards 4,146 → 4,187 when the pattern is complete

🎯 Short-term Expectations

Volatility may increase ahead of upcoming economic data, so the reasonable strategy remains:

✅ Prioritize BUY according to the pattern

• Wait for retest of neckline or area 4,044–4,046
• Observe confirmation force (Volume – Momentum – Rejection)
• Target towards 4,146 → 4,187 if the pattern is activated

⚠️ Note

– The reversal trend is only truly confirmed when the price clearly breaks the 4,101–4,102 area.
– Market sentiment currently leans towards recovery, but clear signals are needed before entering large (long-term HOLD) positions.

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