Gold (XAUUSD): Is That a Bearish Reversal?! 🟡

20 thg 11, 2022

Hey traders,

I spotted a peculiar head and shoulders pattern on gold on 4H time frame.
The price broke and closed below its neckline on Friday.

It looks like the market may drop lower next week.
The next support that I spotted is a horizontal daily demand zone.
1735 will be the next goal for sellers.

Good luck next week!

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