GOLD mid-term bearish bias building up

٢ نوفمبر ٢٠٢٠

GOLD is trading in what might be a bullish triangle OR a bullish flag
Which means that eventually the pattern is likely to break upwards
Yet the current buildup of the similar in nature resistance structures
That are mounting on the lower levels than before
Give us a decent chance GOLD will show one more lower hight
Break downwards
And retest the support at which point we will know if its a triangle or a flag and retest the resistance structures for breakout again

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