@capitalmanagementservice: This is my analysis on XAUUSD on the 1 hour timeframe To begin with we can see price was moving to the downside forming lower lows followed by lower highs however the bearish impulses were getting smaller and smaller implying a slow down in momentum from sellers. Using chart patterns we can see that this formed a falling wedge pattern which is a bullish reversal pattern abolish reversal SD We can now see that price is forming bullish market structure with strong bullish impulse moves followed by bearish corrections. Using chart patterns again we can see that price is forming an inverse head and shoulders pattern, also a bullish reversal pattern I will be waiting for price to correct to the downside to form a higher low and retest the neckline as a support Want to know which services I provide? Check out the link in my bio! Contact us today at: 📩 [email protected] . . . . . . . #technicalanalysis #passiveincometips #forexaccountmanagement #forextradingstrategy #tradingcommunity

TRADER EPHRAIM

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Wednesday 01 July 2026 18:18:46 GMT