Gold(XAUUSD): Bearish Reversal Pattern Explained!
↪️Gold's sudden drop in trading on Wednesday sees the XAUUSD falling from the $2,004 range to test $1,988.
From a technical perspective, Gold spot is examining a significant intraday peak.
The price has formed a classic double Top formation.
The breakout of its neckline indicates a regional shift in the nature and intensity of the sellers.
I anticipate a retracement to at least 1984... trade safely 👍✅
From a technical perspective, Gold spot is examining a significant intraday peak.
The price has formed a classic double Top formation.
The breakout of its neckline indicates a regional shift in the nature and intensity of the sellers.
I anticipate a retracement to at least 1984... trade safely 👍✅
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For paid signal👇👇 t.me/linofx1999