GOLD XAUUSD BEARISH ENGULFING

By Austinet24
The Price of GOLD #XAUUSD has hit a major Resistance level and has formed a bearish Engulfing candlestick pattern on a weekly time frame @ 2042.75 price level, signal a strong bearish move as the price is trying to break below the 2009.75 Support level from the current price of 2012.
Chart PatternsTechnical IndicatorsTrend Analysis
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