decline pattern now occur which will break down 1990 below
XAUUSD making a sideways which will result in three double pattern rejection and if the pattern rejection occur it will make two downtrend formation which can go below 1960, the chart is already a downtrend formation but let's follow with H1 timeframe if the price hold the 2003 current limit to 2001 limit then if the price hold we open a buy above 2009 limit looking for a long sell at 2013 limit.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.