🔸Hello traders, today let's review 1hour price chart for gold. Speculative
XABCD pattern structure in progress, valid setup for the bears.
🔸XABCD defined by point X at 2670 point A at 2645 point B at 2664
point C at 2639 and finally point D/PRZ at 2675 USD.
🔸Recommended strategy bears: short sell from overhead resistances near 2675 usd fixed stop loss for this entry at 2700 usd, TP1 bears is 2650 usd TP2 bears is 2600 usd. the bear fractal final target is near 2600 usd. good luck traders!
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