Gold has broken structure on the 4hr timeframe as well as the bearish momentum it has gained on the daily bringing it back into the ranging zone on daily with a very strong rejection on the weekly timeframe. we can see the right shoulder of a head & shoulders forming on the 4hr and a bearish confirmation signal on the 2hr which shows it is ready for a massive 700 pip drop to 2335 level.trade safe
Trend Analysis

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