Bearish gold pennant!

FX:XAUUSD   Gold Spot / U.S. Dollar
A clear pennant formation is formed on the 1hr chart of gold             . We can expect the pair to go lower to around 1190.00 before making its next if it goes down as expected. Keep an eye out for this and trade carefully.
Trade closed: target reached: First target reached for me. Expecting higher highs from now on
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