Hi traders:

I have been talking about GOLD for quite sometimes now in my live streams market updates.

We finally see price move down to the bottom of the HTF flag/channel structure in a corrective price action.

This descending channel/fallen wedge could be the first sign of the lower time frame reversal price action.

Latest price showed a breakout form that fallen wedge, so I would wait for clear LTF continuation correction to form and complete and get in the on the buy.

Thank you

Chart PatternscorrectionFlagimpulseParallel ChannelpatternpriceactionstructureWedge

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