GOLD another opportunity !!

GOLD (4H) is in a long-term downtrend. After the previous monthly close, we see gold almost approaching the support and it is a high probability that GOLD may break the monthly support as the long-term trend is highly bearish. Currently on 4H Gold has formed a head & shoulder and the price currently tests the neckline of the head & shoulder. Once rejected, there is another selling opportunity one GOLD may appear.

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04:10