GOLD M5 Bearish Rectangle

According to the chart of M5, GOLD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1741.40 - 0.00 and support 1745.10 – 0.00. In case the resistance level 1745.10 - 0.00 is broken, the instrument is likely to follow the bearish trend.