- Vasily Trader
GOLD (XAUUSD): Very Bearish Pattern (Trading Plan)

Gold is contracting within a descending triangle formation.
with the sequence of lower highs and equal lows, bullish swings become weaker and weaker.
it looks like soon we will see a breakout attempt of the current major daily horizontal support.
in case of a daily violation of that, the price will go to lower structure levels.
next support will be 1800
be prepared and wait for breakout!
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