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jashjacob
Mar 13, 2021 3:09 AM

GOLD IN PARALLEL CHANNEL 

Gold/U.S. DollarFXCM

Description

GOLD has been trending down in the past few months, price still looks weak. It has made a parallel channel on the downtrend. It's forming a reversal at the bottom trendline as of March 2021. We may see some good buying momentum if price takes support in the following area.

Comment

GOLD price has steadily increased over 20$ since the idea.
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