XAUUSD ANALISYS - (18/03/2021)

Same analysis as the previous one, but in this case, seeing the stochastic in an overbought range, I expect the price to fall a bit, before going higher, so I discard for the moment that the price starts a new upward momentum from the neckline of the shoulder-head-shoulder pattern.

Possible entry into longs the trendlien that acts as support, at the level of 1725 approx.