Gold- In a good place for buyers
After a false break above 1800 Gold tumbled more than a thousand pips and is trading in my original target zone around 1700.
1700 is defined by a very strong confluence zone given by horizontal and flag support and at least a correction should follow.
In my opinion, dips should be bought, and swing traders can target 1765 resistance
1700 is defined by a very strong confluence zone given by horizontal and flag support and at least a correction should follow.
In my opinion, dips should be bought, and swing traders can target 1765 resistance
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📈 Forex & XAU/USD Channel:
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💎 Crypto Channel:
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