Gold Forecast

D1 - Extreme divergence, expecting corrective phase to happen now.

H4 - Price is holding below the falling resistance and the horizontal resistance zone.

H1 - Bearish trend pattern.

If we get a valid breakout below the most recent uptrend line we may then consider it as a validation for the bearish view.

Bearish PatternsbearishtrendpatterncorrectionextremedivergenceforecastGoldMultiple Time Frame AnalysisSELLSupport and ResistanceTrend Analysis
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