Gold Futures 1700 have been broken, gold price has broken below the rectangle pattern formed between 2020-2022.
the current price level (around 1673) seems to be the technical rebound form breaking the rectangle pattern.
is it the start of the bear trend on Gold? if the pattern were to materialise, may see gold price be testing at around 1400.
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Head and Shoulder has been formed, price rebounded and is testing the neckline.
Personally speculate the price will drop another round after this rebound. Shall see.
