DeGRAM

DeGRAM | GOLD completing AB=CD pattern

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
GOLD is consolidating on the hourly chart. It's testing the support and dynamoc support.

Since the trend is bearish, we keep looking for selling opportunities.

The market is printing the equal-measured move. If the market breaks and closes below the consolidation zone, it is most likely to complete the AB=CD move.

We anticipate a pullback to resistance and to short the market from it.


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