In XAUUSD, Bearish Flag has been observe in the M30 Chart, We can expect the drop from 1890 to 1820 for 500 pips.
Technical Pattern : Bearish Flag
Daily = Bearish
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DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.