Gold is approaching resistance, potential reversal

Prices are approaching our resistance level in line with our graphical pullback resistance, 38.2% fibonacci retracement and 78.6% fibonacci extension where we could see a reversal below this level. Ichimoku cloud is showing signs of bearish pressure as well, in line with our bearish bias.
Chart PatternsGoldgoldlonggoldshortHarmonic PatternsTrend Analysis

This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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