Gold Chart Pattern in play

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Gold Chart Pattern in playGOLD / US DOLLARPYTH:XAUUSDPatternEdgeGOLD WEEKEND ANALYSIS — XAU/USD 1H A potentially powerful pattern is forming on Gold and it's worth watching closely next week. We have an Inverse Head & Shoulders developing on the 1H chart: 📌 Left Shoulder — formed 📌 Head — bottomed out around $4,366 📌 Right Shoulder — forming NOW Price pushed up into a key resistance level at $4,579 and printed a pin bar rejection — which is exactly what we want to see. That rejection is now giving us the pullback to form the right shoulder. 📍 Key observation — Pin Bar on the Neckline: Notice the pin bar that formed right on the neckline at $4,579. This is not random. A pin bar on a key structural level tells us that level is being respected When we come back down to form the right shoulder, that $4,459 zone is the level to watch. 👀 What I'm watching next week: I'll be waiting for a clean 3-wave (ABC) pullback down toward the $4,459 right shoulder area. That's the potential entry zone Patience is the game here. Let the right shoulder form. Let the structure complete. Then we look for the entry. Not financial advice. Do your own analysis.