According to the chart of M5, GOLD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 4944.61/4970.23 and upper border is 5002.15/4970.23. The pattern width is measured on the chart at -5754 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 4970.08.