Neckline

XAU/USD looks very interesting for swing players out there as the recent bounce retests several technical arguments, including a head and shoulders neckline break! Let’s check out potential patterns to watch out for that bull and bears…

And just like that, the RBA kept rates on hold for the THIRD statement in a row! Can this mean a reversal for GBP/AUD? On the short-term time frame, a double bottom formation can be seen, with the pair already testing the neckline…