According to the chart of M5, GOLD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 4877.97/4945.90 and upper border is 4992.34/4945.90. The pattern width is measured on the chart at -11437 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and GOLD breaches the lower border, the price could continue its move toward 4945.75.