Gold Spot / U.S. Dollar
Long
Updated

DeGRAM | GOLD held the support

998
GOLD is in a descending channel above the trend lines.

The chart has consolidated above the upper trend line and held above the support level.

The price is testing the upper boundary of the channel.

We expect growth after consolidation above the channel.

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snapshot
GOLD is in an ascending channel between the trend lines.

The chart corrected, reaching the 38.2% retracement level of the bearish momentum.

The price has already reached the support level, which previously acted as a rebound point.

We expect the growth to continue.

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