GOLD (XAUUSD): Classic Bearish Pattern

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Ouro/Dólar Americano (OANDA:XAUUSD)

OANDA:XAUUSD Ouro/Dólar Americano

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I spotted a strong bearish pattern on Gold on an hourly time frame.
After a strong bearish rally that initiated on Friday last week,
the market started a correctional movement within a rising channel - a bearish flag pattern.

A breakout of the support of the flag is a reliable bearish signal.

Probabilities are high that Gold will drop at least to 2295

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GOLD (XAUUSD): Classic Bearish Pattern

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