Head and shoulders/reverse cup 45 m TFGoldOANDA:XAUUSDmmozafari1357Technical Breakdown The chart is currently showing a possible reversal structure after a prolonged uptrend. Several key signals are aligning to suggest a bearish scenario: 1️⃣ Rising Trendline Break Price has been respecting an ascending trendline. Around point C (≈3470–3480), we are observing a potential breakout below the trendline, which may confirm the end of the bullish momentum. 2️⃣ Head & Shoulders Formation On the right side of the trendline, a Head & Shoulders pattern is forming. The neckline aligns closely with the breakout zone around C. A confirmed close below this area could trigger further bearish continuation. 3️⃣ Inverted Curve (Cup Top) The market has drawn an inverted rounding top structure (curve). The breakdown from point E (≈3525) projects a downside move equal to the depth of the curve (roughly 40–50 points). This sets a measured target in the zone around 3470 → 3420. --- ✅ Summary Scenario Confirmation Level: Break below C (3470–3480). Bearish Trigger: Failure at E (3525), activating the inverted curve. Targets: First: 3475 Second: 3455 Final: 3420 (equal to curve depth projection). This confluence of a trendline break, a Head & Shoulders, and an inverted rounding top strongly increases the probability of a trend reversal from bullish to bearish. --- 🔑 Important: As long as price stays below E (3525), the bearish scenario remains valid. A recovery above E would invalidate this setup.