What do you think about SHORTING now?

Hi Folks:

Here's my self explanatory view on GOLD. I am holding shorts and following the current descending channel. I am bearish at the moment due to the rate hikes in the US, possible 4 rate hikes.

In the event of a break out the next two trendline will be the next resistance to consider.

I have spotted as well a possible HS pattern, currently a right shoulder under development.

STAY SAFE. Cheers

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