GOLD (XAU/USD) 4-HOUR TIMEFRAME SHORT

The price for gold is moving in a downtrend, making lower highs and lower lows. Price just made a bear flag pattern, and broke out of it. We should probably see a continuation to the downside since the correction has seemingly ended. If this setup is validated, prices should rock-bottom to the 1270 area. Remember, always take your profits earlier when they come.

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Take profits now!!!