It looks like a bearish flag on gold.

This week's gold price is still moving in a narrow range and looks like a flag pattern. And if the prices break the trend line pattern, there is a target that could reach the price of 1828. The current price is acceptable in a bearish trade. It's not too risky. And may take profit when the price hits the lower band.
Chart PatternsFlaggoldpriceshortpositionTrend AnalysisXAUUSD

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