Gold Spot / U.S. Dollar
Short

GOLD (XAUUSD): Classic Bearish Pattern

546
https://tradingview.sweetlogin.com/x/hXjL7Xqa/

I spotted a strong bearish pattern on Gold on an hourly time frame.
After a strong bearish rally that initiated on Friday last week,
the market started a correctional movement within a rising channel - a bearish flag pattern.

A breakout of the support of the flag is a reliable bearish signal.

Probabilities are high that Gold will drop at least to 2295

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