XAU/USD potential bullish move heading towards resistance
1.week candle closed bull covered more than
50% last week bear candle and has higher volume ↑
2. price in overall up trend ↑
3. price created Head & Shoulder pattern, price is on the Head & Shoulder neck line ↑
4. price is now inside symmetrical triangle 15M ↑
5. price is on 38 FIB level ↑
6. 4 H bear candles showing weakens ↑
7. H4 candle break recent swing high with strong momentum ↑
8. H2 and Daily price is on TOP of SMA 21 (support) ↑
9. H1 price showing wake rejection on FIB 38 and H&S neck line
9. 15 M RSI divergence (medium) ↑
8. price inside ascending channel in resistance level ↓
50% last week bear candle and has higher volume ↑
2. price in overall up trend ↑
3. price created Head & Shoulder pattern, price is on the Head & Shoulder neck line ↑
4. price is now inside symmetrical triangle 15M ↑
5. price is on 38 FIB level ↑
6. 4 H bear candles showing weakens ↑
7. H4 candle break recent swing high with strong momentum ↑
8. H2 and Daily price is on TOP of SMA 21 (support) ↑
9. H1 price showing wake rejection on FIB 38 and H&S neck line
9. 15 M RSI divergence (medium) ↑
8. price inside ascending channel in resistance level ↓
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