Short Term Drop On Gold!!

Whats up Traders! Gold has been moving fluently this week, so lets close out this week with some strong & profitable trades. Gold has recently rejected the Psych level $1925. No solid close above occurred, which prompted the Bearish Reversal from that same psych level. Price managed to test a strong area of support around $1913, it didn't stand a chance. Bears lost momentum then retraced into a small pullback zone. I predict price to continue breakout to the downside, creating a possible Double Bottom Pattern for the rise back up. Alternatively, price could drop below Double Bottom range, therefore creating a new Daily Low. Overall i'm still sensing Bullish sentiments on multiple higher time-frames. I think a short on Gold would still be valid, and appropriate for this situation.

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