GOLD (XAUUSD) SELL SETUP

Gold is looking like it will head down to test the 4th leg of its current flag pattern channel.
It has already broken one trendline, and we are looking for confirmation from breaking the second (dotted) trendline and MACD.

TP will be at the bottom of the channel if price breaks out.
1h4hbreakoutDaily ChartsFLAGGoldParallel ChannelsetupXAUXAUUSD

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