Gold (XAUUSD): What a Breakout 🟡

17 במאי 2023

Gold suddenly dropped yesterday.
The price broke and closed below a neckline of a descending triangle formation on 4H time frame
with a high momentum bearish candle.

The next support that I see is 1977, it will be the next goal for the sellers.

For entries, consider an occasional retest of a broken neckline of a triangle.

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