Monday Bullish Trade Idea
Gold OANDA:XAUUSD
I am looking at a potential head and shoulder pattern forming. The left shoulder has materialised. Looking for an entry at the head zone which aligns with a prior monthly close. The left shoulder tapped on a prior weekly close.
Should hold as long as there is no escalation in the US-Iran war this weekend.
Disclaimer: not trading advice. The market does what it wants.