XAUUSD 1H Chart
It seems the price is completing a typical bearish Cypher pattern, if so ,i expect it to drop to 61.8% retracement of CD line , where there is a strong support zone too.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.