XAU/USD – Inverse H&S Forming, Gold Eyes Bullish Reversal

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XAU/USD – Inverse H&S Forming, Gold Eyes Bullish ReversalGoldOANDA:XAUUSDMMFlowTradingπŸ” Market Context Early today, Gold dropped nearly 70 points, but immediately rebounded strongly from 4040, signaling aggressive BUY interest and a clear rejection of downside continuation. On the H2 chart, XAU/USD is shaping a clean Inverse Head & Shoulders pattern β€” a classic reversal structure that often precedes a strong bullish expansion. The macro layer for today is packed with high-impact catalysts: πŸ“Œ Key Data & Events – 20 Nov Speech by U.S. President Donald Trump Barkin (2027 FOMC voter) speaks on economic outlook Federal Reserve FOMC Meeting Minutes Williams (permanent FOMC voter) speech U.S. Unemployment Rate Non-Farm Payrolls (NFP) Initial Jobless Claims ➑️ A heavy news lineup capable of triggering high volatility and validating (or rejecting) the reversal pattern. πŸ“Š Technical Analysis – MMF View Gold bounced sharply from BUY ZONE 4044–4046 with strong volume. The market structure is creating a complete Inverse H&S formation. The Neckline Zone 4101–4111 is the key breakout level β€” clearing this zone opens the door for a full bullish reversal. Trendline compression + liquidity sweeps show buyers gaining control. Strategy for today: BUY bias. SELL only for quick scalps. 🎯 MMF Daily Trading Plan BUY (Priority Setup – Swing / Intraday) Buy 4046–4048 SL: 4039 TP: 4060 β†’ 4085 β†’ 4100 β†’ 4125 βœ”οΈ BUY aligns with the reversal pattern + fresh liquidity shift. SELL (Scalping Only) Sell 4146–4148 SL: 4154 TP: 4132 β†’ 4120 β†’ 4110 βœ”οΈ SELL only if price taps liquidity at upper supply and rejects clearly. ⚠️ Key Levels to Watch 4101 – 4111 – 4142 β†’ liquidity clusters + breakout confirmation 4029 β†’ major support in case volatility spikes from news 🧠 MMFLOW TRADING Outlook If Gold holds its corrective pullback and breaks above the Neckline (4101–4111), we may see a strong continuation toward: 4146 β†’ 4187 β†’ 4210+ The Inverse H&S on H2 is a powerful bullish setup β€” smart positioning favors building long exposure and holding into high-impact events.