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

Algeria, Angola, Antigua and Barbuda, Argentina, Armenia, Aruba, Azerbaijan, Bahrain, Bangladesh, Belize, Benin, Bhutan, Bolivia, Botswana, Brazil, Brunei, Burkina Faso, Burundi, Cambodia, Cameroon, Cape Verde, Chad, Chile, China, Colombia, Comoros, Costa Rica, Djibouti, Dominica, Dominican Republic, East Timor, Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Ethiopia, Gabon, Gambia, Georgia, Ghana, Grenada, Guatemala, Guernsey, Guinea, GuineaBissau, Guyana, Honduras, Hong Kong, India, Indonesia, Isle of Man, Jamaica, Japan, Jersey, Jordan, Kazakhstan, Kenya, Kuwait, Kyrgyzstan, Laos, Lebanon, Lesotho, Liberia, Libya, Macau, Madagascar, Malawi, Maldives, Mauritania, Mexico, Moldova, Mongolia, Montenegro, Montserrat, Morocco, Mozambique, Namibia, Nauru, Nepal, Niger, Nigeria, Oman, Pakistan, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Qatar, Republic of the Congo, Rwanda, Saint Kitts and Nevis, Saint Lucia, Sao Tome and Principe, Saudi Arabia, Senegal, Serbia, Sierra Leone, Solomon Islands, South Africa, Sri Lanka, Suriname, Swaziland, Taiwan, Tajikistan, Tanzania, Thailand, Togo, Tonga, Trinidad and Tobago, Tunisia, Turkey, Turkmenistan, Uganda, United Arab Emirates, Uzbekistan, Venezuela, Vietnam, Zambia, Zimbabwe

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