A possible huge drop on gold
Price recently broke the 1h or 4h trendline and currently in the 5M TF as shown in the yellow circle it is forming a falling wedge indicating a small bullish movement to retest the trendline and resistance at 1963-1966 before dropping back down. Bear in mind that 1940 level has a 4h support and might hold the price strongly after the retest.
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