GOLD (XAUUSD): Consolidation Continues

٢٨ أغسطس

Quick update for Gold.

The market is currently stuck within a wide horizontal range on a 4H time frame.
After a test of the resistance of the range, we see a strong bearish reaction to that:
the price formed a double top pattern and broke its neckline.

I think that the price may drop to the support of the range.
Goal - 2484

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