DAILY - Gold was losing its bullish momentum and declined sharply back to the down side. That potentially forms a Bullish Gartley Pattern on time frame 4H.
More consolidation would be seen before it crosses the 50% Fibonacci and flip back to the upside to keep this Bullish Gartley Pattern valid. Otherwise it will go down even lower to test last month Low around 1627 considering that the bullish is not confirmed yet on the bigger time frame.
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