A bearish inside bar / pinbar pattern has formed in GOLD on the weekly charts. While these types of patterns can be quite strong, keep in mind that this is a counter trend trade which adds an additional element of risk to the setup. The invalidation level for this setup is the top of the pinbar @ $2730. Long term, key support sits at around $2080.
Dad of 5 • Dev • Candlestick Whisperer • Crypto class of 2019
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