Talking Points:
- XAUUSD inverted head-and-shoulders target lies up ahead
- Long-term downtrend-line resistance nearing
- Risk of a material pullback exist a bit higher in the 1325-1345 area
- Looking for one another push higher out of consolidationbefore pullback
XAUUSD Daily: Jul ’13 – Present

--- Written by Paul Robinson, DailyFX Research
To contact Paul, contact him at instructor@dailyfx.com