It looks like gold is likely to sell a bit further but lower rectangular block could cause price to resume the bullish trend so it's a tricky area to trade but it's favorable to buy at lower block than selling but if it's able to move below the lower block then you can confidently sell.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.