Gold Spot / U.S. Dollar
Short

Month target Gold short

70
On the daily gold has created a head and shoulder pattern beginning September with a left shoulder c1826 and a head for most of November around 1864. 1826 has been a zone that gold has rejected consistently since July 2021 apart from in November to create the head and the last time it tapped that zone was last week with today showing clear signs of rejection and an engulfing bearish candle

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