Hi everyone,

The Gold/ XAUUSD pracious metal has rejected on a local trendline and created a complete Bearish ABCD. When you look at that region on the daily time frame, it apears we have a bearish flag forming because we have multile confirmations for this shorting movement, we will now enter a short/ sell trade to take profit at our support cluster at 1820.

Please share your thoughts.

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abcdchartpatternAB=CDgoldshortgoldtradingSupport and ResistanceTrend Linesxauusdshort

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