XAU/USD (GOLD) - Price reached 1810.100 zone once gain and it acted as a resistance. Strong wick rejection occurred and price went down to test previous low 1770.000. Price recently broke this zone and we can see lower highs formation. This is indication of a bearish pressure, so move down can be expected.
Plus that’s a HUGE HEAD AND SHOULDERS PATTERN,indicating more downward pressure throughout December
Merry Christmas in Advance
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Plus that’s a HUGE HEAD AND SHOULDERS PATTERN,indicating more downward pressure throughout December
Merry Christmas in Advance
Follow me for more ideas like this