Still a SELL Opportunity for XAUUSD: Confirmed HEAD AND SHOULDERS Pattern! ~ 90% Rebate Exness Everyday

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Still a SELL Opportunity for XAUUSD: Confirmed HEAD AND SHOULDERS Pattern!

XAUUSD Analysis

Rebound Due to Safe-Haven Status

Gold prices rebounded after experiencing a sell-off in the market. This recovery was driven by uncertainty surrounding the tariffs proposed by U.S. President Donald Trump, increasing demand for safe-haven assets. This week, the market is still awaiting the Federal Reserve's interest rate decision.

Head and Shoulders on H1

A Head and Shoulders pattern has formed on the H1 timeframe for XAUUSD. A pullback to the neckline area presents an opportunity to confirm a sell signal.

Prediction: WEAK XAUUSD

Trade Plan

SELL AREA: 2759.96 - 2769.41
Stop Loss (SL): 2790.16
Take Profit (TP) Targets:
- TP1: 2741.53
- TP2: 2716.25
- TP3: 2688.38

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