AntMwah

Gold - Bearish Megaphone Pattern

Short
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
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The 5th tough here looks very like a false breakout which is a common bull trap. It's set a negatively divergent high also. Would like to see a corrective move back to 1240-1260 area here over the next couple of months.