GOLD perfectly respected a contracting supply zone on a daily time frame, based on a major falling trend line and a horizontal resistance.
Next week, pay attention to a double top pattern on a 4H time frame. If the price breaks and closes below 1934 - the neckline of the pattern, a bearish continuation will be expected at least to 1926.
Because the market is trading in a bearish trend since May, I remain very bearish biased. However, a bullish breakout of the underlined blue are may trigger a strong bullish wave.
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