XAUUSD


The gold price appears to be moving to the bearish side as a bearish three-method formation has been identified on the 4-hour timeframe. This pattern, characterized by a long bearish candle followed by three smaller bullish candles and another long bearish candle, indicates a continuation of the downtrend. Traders might consider this as a signal for potential further decline in gold prices.
Chart PatternsTechnical IndicatorsTrend Analysisxauusdanalysisxauusdshortxauusdupdates

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