I have carefully looked into the direction of the market, and I believe its making a head and shoulder pattern.

It will continue down until it meets with the next support structure.

Please feel free to share your thoughts about my analysis below in the comments.

Remember to always risk manage and to set you SL's.

Good luck everyone on your trades.
Bearish PatternsChart PatternsTrend AnalysisXAUUSDxauusdshort

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