AU Descending Triangle Pennants and Bearish W spotted

Here on the Weekly time frame for AU, I can spot the descending triangle formations/pennants in the midst of a bearish market. This type of pattern occurs when there is a support level that price can't seem to break and a slope of lower highs gives me the indications a possible continuation of bearish momentum, as the sellers are pushing against the buyers.

Taking the height of the triangle mouth and duplicating it at the breakout point I can calculate the projection point.

Additionally, I can spot the Bearish W Pattern on the Bullish Market, consisting of H,LH, and LH, which then results to price continuing to the downside.