The ancient 3 candle formation suggests the start of a big correction for the precious metal.
If so then the Fibo lines and Fractal dotted lines are the projected stops/targets/pivots.
Nevertheless the Shooting Star is subject to Technical Analysis fallacy and caution is strongly advised. Do not forget the unfolding of a move on Weekly takes weeks time & distance...
This comes from the basics of Technical Analysis and it is a powerful reversal signal especially if it is supported with a triple top resistance rejetion like in this case. Nevertheless caution is needed as in bigger timrframes Gold is in liftoff status. That means that if it doesn't unfold immediately(Wednesday tops) as it should then your stop will be used from...
