Head & Shoulders Pattern Forming?

📊 GOLD (XAU/USD) 1H Timeframe Analysis – Head & Shoulders Pattern Forming? 🚀

📉 Gold is forming a possible Head & Shoulders pattern on the 1-hour chart.

🔄 Key Levels & Scenarios:
✅ Bearish Scenario: If the price breaks below the blue support zone, the next targets will be at the green line levels.
✅ Invalidation: If the price moves above the right shoulder, the bearish structure is invalidated, and we could see a bullish continuation.

📌 Watch for a confirmed breakout before taking a position!