XAUUSD: Inverse Head & Shoulders from Flip Area
Hi,
Pattern: Inverse Head & Shoulders
Key Zone: Flip area (former resistance support)
Trend: Bullish (ascending trendline intact)
Gold pulled back into the flip area, respected it as support, and formed an Inverse Head & Shoulders
This structure suggests trend continuation, not a reversal
As long as price holds above the flip zone, buyers remain in control
Targets:
TP1: 4,480
TP2: 4,520
A minor pullback is possible, but structure favors upside continuation
Bullish continuation setup, momentum building
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