XAUUSD Potential Trend Reversal
Market has initially making lower low and lower high until this couple months, its been pulling back to the long term down trendline . When market came close to the resistance, it formed a bearish confirmation at the large down Fibonacci 618 swing (left). Market then took out a low and pull back to the resistance again to form a bearish king crown pattern with a deep right tip potentially at the 860 deep retracement of the sub down swing. I expect to see bearish signal formed here in couple of days.
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