GOLD (XAUUSD): Classic Bearish Pattern
https://www.tradingview.com/x/hXjL7Xqa/
I spotted a strong bearish pattern on Gold on an hourly time frame.
After a strong bearish rally that initiated on Friday last week,
the market started a correctional movement within a rising channel - a bearish flag pattern.
A breakout of the support of the flag is a reliable bearish signal.
Probabilities are high that Gold will drop at least to 2295
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I spotted a strong bearish pattern on Gold on an hourly time frame.
After a strong bearish rally that initiated on Friday last week,
the market started a correctional movement within a rising channel - a bearish flag pattern.
A breakout of the support of the flag is a reliable bearish signal.
Probabilities are high that Gold will drop at least to 2295
❤️Please, support my work with like, thank you!❤️
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