XAUUSD Analysis

Hey guys!

This is my markup for XAUUSD

I'm anticipating a bullish trend after price breaks through the current channel, I also noticed an inverse head and shoulders pattern within the channel with a slanted neckline to further confirm my analysis with time confluence as well. Going to wait to see where price leads first, waiting for a retest at a temporary support level.

Let me know what you guys think! Give me a thumbs up or leave a comment below sharing your opinion!