Gold Spot / U.S. Dollar
Long
Updated

DeGRAM | GOLD returning to the channel

663
GOLD is in a descending channel between trend lines.

The chart maintains the descending structure.

The price has sharply returned to the descending channel having reached the dynamic support.

We expect a pullback of the downward movement to the nearest correction level.

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Trade closed: target reached
The deal is closed, the price has successfully reached the correction level

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