Peter_WadeApr 21XAUUSD Gold is forming a bearish engulfing pattern on the 15-minute chart, signaling potential downside momentum.Key Observations- Large and tested zone: Higher likelihood of breaking through.- Hurdle market: Possible retracement from current levels. MGC1! CL1! HG1!
S7AN0Mar 27MHG1! Although it looks like a bargain, I would refrain from shorting until we see what the Chinese come up with on 31st.