XAUUSD- Break and retest?
So we had sells with a target of 1829 entry from a 1H head and shoulders formation.
SL at breakeven but i closed.
Now a possible end to the pullback with a break and retest of the major weekly/daily channel.
Also with the previous minor support at around 1852 being rejected and the 4H looking strong for a close and rejection of the 20 ema we could look to target further upside towards 1900
Even a possible target of 1950 could be the next stage in the upcoming weeks
SL at breakeven but i closed.
Now a possible end to the pullback with a break and retest of the major weekly/daily channel.
Also with the previous minor support at around 1852 being rejected and the 4H looking strong for a close and rejection of the 20 ema we could look to target further upside towards 1900
Even a possible target of 1950 could be the next stage in the upcoming weeks
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