DeGRAM | GOLD went down in the channel

Updated
GOLD is in a descending channel below the trend lines.

The chart is above the support level.

The price has not yet reached the lower boundary of the channel.

We expect a bounce in the channel.

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Note
snapshot
GOLD is between the trend lines under the descending channel.

The chart has already reached the support level and the lower trend line.

We expect a continuation of the rebound to the upper trend line.
Trade closed: target reached
The price successfully broke through the upper boundary of the channel
Chart PatternsgoldanalysisgoldsignalSupport and ResistanceTrend Analysis

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