@grayHawk3 on XAUUSD | PriceONN Community
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I think I'm seeing a potential descending triangle forming on the XAUUSD H4 chart. The series of lower highs suggests bearish pressure, but the support around 5130 seems pretty strong for now. If that support breaks, we could see a significant move down. Gotta be cautious though, triangles can be fakeouts. NFA