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FX.co ★ GOLD M5: Head and Shoulders

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Technical Analysis Patterns

2026-09-29T16:45:16
Signal strength 1 of 5

GOLD M5: Head and Shoulders

Head and ShouldersThe Head and Shoulders pattern has formed on the GOLD M5 chart. The head high is at 4174.69, while the neckline passes through 4149.09/4147.88. The pattern may reverse the current uptrend. A break below the lower neckline anchor may confirm the bearish reversal.
The M5 and M15 time frames may generate more false entry signals.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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