Gold is facing bearish pressure, potential for further drop

Price is facing bearish pressure from our first resistance where we could see a further drop below this level to our first support target. Ichimoku cloud is showing signs of bearish pressure as well, in line with our bearish bias.
Chart PatternsGoldgoldlonggoldshortHarmonic PatternsTrend Analysis

This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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