gold just reached a strong falling trend line . for now we see a positive bearish reaction from that and this touch may initiate a strong bearish swing move.
I will pay attention to a support line of a bullish flag pattern. in case of a daily candle close below its support, bearish continuation will be highly probable.
goal for sellers will be 1860 (current daily low)
in case of a bullish continuation above the falling trend line , setup will be invalid.
Yh I defintely agree plus on the 2 hr time frame we can see that a head and shoulders pattern is forming that is riding the lower trend line indicating weakness. ( I'm a 16 year old trader I would love it if you commented on my latest post on XAGUSD, I think I have a good setup on it )