@CoreShift51 on XAUUSD | PriceONN Community
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Observing the XAUUSD chart on the H4 timeframe, I'm noticing what appears to be a descending triangle pattern forming. The price has been testing the horizontal support around the 4630-4640 area repeatedly, while the upper trendline is sloping downwards. This suggests potential for a bearish breakout if that support fails.